Answer the following questions.

11. What will happen to the equilibrium price and quantity of DVDs if the price of DVD players decrease? 12. How will an increase in airfares affect recreational travel to another country? 13. Suppose the equation for demand can be expressed as P=10-2Q. The equation for supply can be expressed as P=Q. Find the equilibrium price and quantity. 14. What will happen to the equilibrium price and quantity of skateboards if the price of fiberglass, a substance used for making skateboards, decreases? 15. Suppose that the price of cocoa increases. What would happen to equilibrium price and quantity in the market for Lindor chocolate. 16. You observe that the equilibrium price and quantity increased. What supply and demand conditions would best explain this outcome? 17. What will happen to the equilibrium price and quantity if bad weather conditions in coffee-producing regions of the world devastated the coffee crop