Change the level of income to 27,000What is the new equilibrium price of spaghetti? What is the new equilibrium quantity of spaghetti?

29 price 30 supply 31 30 MARKET DATA Questions X 32 demand 25 Price of spaghetti $15.00 33 Quantity demanded 1515 34 20 Quantity supplied 4067 With all variables at their baseline values: 35 15 Excess demand 2552 1) What's the equilibrium price of spaghetti? 36 2) What's the equilibrium quantity of spaghetti? 37 10 DEMAND DATA 38 Income $20,000 39 Price of tacos $6.00 40 0 Price of wine $20.00 6000 8000 41 2000 4000 10000 42 SUPPLY DATA OK 43 quantity Price of sauce $3.00 44 Price of labor $5.00 Set baseline 45 values Questions 1 & 2 Per unit tax $0.00 46 47 Print Go to answer 48 EQUILIBRIUM ANSWER SHEET ANSWER BIN