9 1 pts Consider the market for pumpkin pies, a traditional dessert at Thanksgiving dinners. What will happen to the equilibrium price and quantity in the market for pies if households decide to try sweet potato pies instead of pumpkin? 0 the equilibrium price and quantity both decrease. the equilibrium price and quantity both increase. the equilibrium price increases and the equilibrium quantityr decreases. the equilibrium price decreases and the equilibrium quantity increases. Question 10 1 pts Consider the market for airline ights to Europe. What will happen to the equilibrium price and quantity if the cost of long-term parking, a complement, falls? the equilibrium price and quantity both decrease. O the equilibrium price and quantity both increase. the equilibrium price increases and the equilibrium quantity decreases. the equilibrium price decreases and the equilibrium quantity increases. Question 6 1 pts Following the shift of the supply curve from Si to 52, Q1 Q/t there will be a shortage. and the price must rise to bring the market back to equilibrium there will be a surplus, and the price must rise to bring the market back to equilibrium. 0 there will be a surplus, and the price must fall to bring the market back to equilibrium. there will be a shortage. and the price must fall to bring the market back to equilibrium. Question 14 1 pts Consider the market for new textbooks. a normal good. Assume that the cost of shipping textbooks from the warehouse to the buyer rises. What will happen to the equilibrium price and quantity? the equilibrium price and quantity both decrease. the equilibrium price and quantity both increase. 0 the equilibrium price increases and the equilibrium quantity decreases. the equilibrium price decreases and the equilibrium quantityr increases. none of the answers Question 15 1 pts Consider the market for new textbooks, a normal good. The income of students decreases. What will happen to the equilibrium price and quantity? the equilibrium price and quantity both decrease. the equilibrium price and quantity both increase. the equilibrium price increases and the equilibrium quantity decreases. O the equilibrium price decreases and the equilibrium quantity increases