A competitive market will O A. create excess demand because wants exceed needs. O B. move towards equilibrium because producers set the prices. O C. move towards equilibrium quantity because both producers and consumers act in their own best interest. O) D. create excess supply because producers want profits.Consider a market for solar energy panels as shown in the given graph. Due to a major breakthrough in terms of technological Graph advancement in its manufacturing. the cost of production has gone down drastically. This causes the manufacturers of solar energy panels to shift their supply curve. Show the impact of this technological advancement on the supply curve of solar energy panels. Using the Line drawing tool, draw the new supply curve of solar energy panels. Price of solar panels Carefully follow the instructions above and only draw the required object. What happens to the equilibrium price and quantity demanded after the supply curve of solar energy panels shifts? O A. Price decreases and quantity demanded increases. Quantity of solar panels O B. Both price and quantity demanded decrease. O C. Price increases and quantity demanded decreases. O D. Both price and quantity demanded increase. Suppose the quantity demanded of gold has gone up in a country and therefore, the demand curve shifts rightward. On the other hand, due to some restrictions imposed by the government on gold imports, the supply curve of gold in that country shifts leftward. In this case, which of the following statements always holds true? O A. The price of gold decreases. O B. The quantity demanded for gold increases. O C. The price of gold increases. O D. The quantity demanded for gold decreases.Economists refer to the process of summing the individual supply curves to find the market supply curve as aggregation. $7T a Aggregation consists of fixing the and adding up SE Pizza Hut Domino's Pizza the by each firm. Pizza Hut's Domino's Pizza's $4- Supply Schedule Supply Schedule Price ($per pizza) Quantity Quantity Price Supplied Price Supplied ($/pizza) (pizzas) S/pizza) [pizzas) $1 100 $1 200 150 300 3 200 400 so+ 250 500 100 200 300 400 500 600 700 800 900 1000 300 300 Quantity supplied (pizzas) Given the supply schedules above for Pizza Hut and Domino's Pizza, complete the total supply schedule for these two firms. Total Supply Schedule Quantity Supplied Price (pizzas) (5/pizza] 3 The graph to the right illustrates Pizza Hut's and Domino's Pizza's supply curves. 1.) Using the multipoint curve drawing tool, plot each point for the market supply curve and label the curve appropriately. Note: When using the multipoint curve drawing tool press the Esc key when you have drawn all the points. Carefully follow the instructions above and only draw the required object