$5.00 54 00 5200 $2.00 $1.00 120 Consider the graph above which represents the market for apples a) At what prices in there a shortage of apples? What would you expect to occur as a result of this shortage? (6 pis ). bill we observed an overall income level decrease, would $2 or $4 be more accurate as the price afterwards? Explain your reasoning (6 pis.) c) Explain one reason that we see the quantity demanded fall as the price rises. (6 pts ) For the toolbar, press ALT .F10 (PC) or ALT. FIN.F10 (Mack