A large number of firms are capable of producing chocolate-covered cockroaches. The linear, upward sloping supply curve starts on the 2 price axis at $9 per box. A few hardy consumers are willing to buy this product (possibly to use as gag gifts). Their linear, downward sloping demand curve hits the price axis at $5 per box. Draw the supply and 10 demand curves 19 8- 1.) Using the line drawing tool, graph the market supply curve. Label this line'S. p, $ per box of cockroache 6- 2.) Using the line drawing tool, graph the market demand curve. Label this line 'D. Carefully follow the instructions above, and only draw the required objects. 3- Does an equilibrium occur at a positive price and quantity? Explain your answer. An equilibrium 2 8 10 12 14 16 18 Q, boxes of chocolate-covered cockroaches O A. occurs at a positive quantity because price cannot be negative. O B. does not occur at a positive quantity because consumers are more sensitive to price than producers. O C. occurs at a positive quantity because supply plus demand is greater than zero. O D. occurs at a positive quantity because supply and demand are positive. O E. does not occur at a positive quantity because supply does not equal demand at any price. Time Remaining: 01:26:10