22. (10 Points) The following question pertains to oligopoly pricing. a. (5 Points) The following question pertains to dominant firm price leadership. Suppose a dominant firm has determined the price for its industry. Then suppose there is an increase in the price of a substitute product. How will the dominant firm's price, dominant firm's quantity, and the fringe firms' quantity be affected. Explain in three (3) to five (5) sentences. b. (5 Points) Consider the following industries: Breakfast Cereal Manufacturing, Commodity Metals (e.g. Steel Wire), and Retail and Food Services Industries. Suppose you want to apply the Kinked Demand Curve Model to one of the three industries. If you had to pick one of the three industries as best fitting the Model, which one would it be? Justify/explain in three (3) to five (5) sentences