2. Working with Supply and Demand shifts Suppose that the market for superfood smoothies in Greenville is represented by the demand and supply curves below: Price per Supply smoothie Demand Quantity of smoothies A. Label the equilibrium price and equilibrium quantity on the graph above. B. A surge in health nutrition will (increase/decrease) the demand for superfood smoothies. Draw this on the graph above. C. As aresult of part B, the equilibrium price will (rise/fall) and the equilibrium quantity will (rise/fall) Label the new equilibrium price and new equilibrium quantity on your graph. D. Suppose that the surge in health nutrition also encourages new sellers to offer superfood smoothies. This will (increase/decrease) the (demand/supply) Draw this on the graph above. E. Compared to the original equilibrium, the action you analyzed in part (D) will cause the equilibrium price to (rise/fall/*rise or fall depending on the size of the change) and the equilibrium quantity to (rise/fall/rise or fall depending on the size of the change) *rise/fall/rise or fall depending on the size of the change means that the change is ambiguous