Below, you will find two equations representing the market for women's athletic shoes in theTriangle area. OW = 45000- .02PW + .037F'0p- .OOBPGYM + .0024TEMP + .008INC OW :-2400 + .028PW- .076PR- .OQPM- .057PN where PW is the price of women's athletic shoes, Pop is the population, PGYIVI is the price of a gym mem bership,Temp is the average temperature and Inc is the average income level. The first equation is the demand equation. We know this because the sign on the variable (a) is negative indicating that when (b) increases, quantity demanded of women's athletic shoes will (C) Other factors that enter the demand equation are determinants of demand. Changes in these variable will cause a (d) (movement alongfshift of) the demand curve. For example, 'PGYM' is the average price of a gym membership. The sign on this variable is negative. This means that if the average price of a gym membership falls, the demand for women's athletic shoes will (e) (increasefdecrease) . The coefficient on the variable 'lnc' is (f) {positivelnegative} meaning that as the average level of disposable income for consumers of women's athletic shoes increases, the demand for women's athletic shoes will lg) lincreaseldecrease). Graphically, this would be a shift of the curve to the (h) (right, left) along the quantity axis. We can assume from this relationship that women's athletic shoes are a (i) {normalfinferiorl good. The second equation is the supply equation. We know this because the sign on the variable (j) is {k} indicating that when price increases, quantity supplied of women's athletic shoes will ll). In this equation, PR is the average price of rubber. This price is important in determining the supply of women's athletic shoes because rubber is an (m) Other factors that enter the demand equation are determinants of demand. Changes in these variable will cause a (d) (movement alonglshift of) the demand curve. For example, 'PGYM' is the average price of a gym membership. The sign on this variable is negative. This means that if the average price of a gym membership falls, the demand for women's athletic shoes will (e) (increasefdecrease) . The coefficient on the variable 'lnc' is (f) (positiveegative) meaning that as the average level of disposable income for consumers of women's athletic shoes increases, the demand for women's athletic shoes will (9) (increasefdecrease). Graphically, this would be a shift of the curve to the (h) (right, left) along the quantity axis. We can assume from this relationship that women's athletic shoes are a (i) (normalfinferior) good. The second equation is the supply equation. We know this because the sign on the variable (j) is (k) indicating that when price increases, quantity supplied of women's athletic shoes will (\"44444444J In this equation, PR is the average price of rubber. This price is important in determining the supply of women's athletic shoes because rubber is an (m) If the average price of rubber were to fall, the supply of women's athletic shoes would (n) . We know this because the sign on PR is (0) so we know that price of rubber and supply of women's athletic shoes move in (p) direction(s). We also see that PM, the average price of men's athletic shoes, is included in the supply equation. If the average price of men's athletic shoes increases, the supply of women's athletic shoes will decrease. This is because men's athletic shoes are an (q) a Choose... c b Choose... 0 Choose... d Choose... 0 We also see that PM, the average price of men's athletic shoes, is included in the supply equation. If the average price of men's athletic shoes increases, the supply of women's athletic shoes will decrease. This is because men's athletic shoes are an (q) a Choose... b Choose.. increase C negative alternative use of inputs d decrease movement along e right opposite input positive g inferior price h normal the same PW shift of Choose... k Choose... Choose... m Choose... n Choose... Choose... p Choose... Choose