4:03 PM Tue Jul 13 * 2 64% Abbhosted.cuny.edu - Private e) What is the equilibrium price and quantity in the market for umbrellas on a sunny day? 2. Show graphically and explain in words what would happen to the market for slices of pizza in New York City under each of the following circumstances: a. The price of cheese decreases. b. The National Institutes of Health releases a study that says that eating pizza is extremely unhealthy. C. The city decides to have a month-long celebration of Italian-American heritage, which will encourage Italians to visit New York, and will encourage New Yorkers to visit Italian restaurants, such as pizzerias. d. The government raises the city's minimum wage