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Check my work The table below contains information on the market demand and supply for inline skates. Price Quantity Demanded ($ per pair) (thousands of

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Check my work The table below contains information on the market demand and supply for inline skates. Price Quantity Demanded ($ per pair) (thousands of pairs per week) Quantity Supplied (thousands of pairs per week) DO D1 So $1 $150 130 90 210 125 170 150 110 190 150 100 170 130 170 75 130 190 150 150 50 110 210 170 130 90 Draw a graph showing the demand and supply curves Do. D1. So, and S1. Plot only the 2 endpoints for each curve. Plot a total of 8 points in the raph below. Market Demand and Supply for Inline Skates i 200 Tools 150 Do So of skates) Prev 7 Nexti Market Demand and Supply for Inline Skates 10 200 Tools points 150 Do So eBook Print References D1 S1 Price ($ per pair of skates) 100 50 0 25 50 75 100 125 150 175 200 225 Quantity (thousands of pairs of skates per week)Check my work 7 10 points b. If the initial demand and supply curves for inline skates are Do and So, the initial equilibrium point in this market is at a price of $ and a quantity of [ thousand pairs of skates. eBook c. Because of heightened concerns over injuries, the demand for inline skates changes from Do to D1. What are the new equilibrium Print price and quantity associated with D1 and So? References The new equilibrium point in this market is at a price of $ and a quantity of thousand pairs of skates. Compared with the equilibrium point in part (b), equilibrium price has (Click to select) v and equilibrium quantity has (Click to select) v (Click to select) fallen d. Now, due to a rise in wages, the supply of inline skates changes from not changed the new equilibrium price and quantity associated with D1 and S1? risen The new equilibrium point in this market is at a price of $ and a quantity of thousand pairs of skates. Compared with the equilibrium point in part (c), equilibrium price has (Click to select) | and equilibrium quantity has (Click to select) v

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