Demand and supply often shift in the retail market for gasoline. Here are two demand curves and two supply curves for litres of gasoline in the month of May in a small town in New Brunswick. Quantities Demanded Quantities Su - plied 18, 000 19,000 -_ .5 m---'-- ---__-I a. Use the following facts to ll in the missing data in the table. - lf demand is D1 and supply is 51, the equilibrium quantity is 14.000 litres per month. - When demand is D2 and supply is $1, the equilibrium price is $6.00 per litre. - When demand is Dz and supply is $1 ,there is an excess demand of 8,000 litres per month at a price of $4.00 per litre. - if demand is D, and supply is $2 . the equilibrium quantity is 16,000 litres per month. \\ Instructions: Fill the missing data In the table above. b. Compare two equilibriums. In the rst, demand is D1 and supply is $1. In the second, demand is D1 and supply is 52. By how much does the equilibrium quantity change? By how much does the equilibrium price change? Equilibrium quantity (Click to select) v by: litres per month. Equilibrium price by $ :I. c. If supply falls from 52 to 51 while demand declines from D2 to D1, does the equilibrium price rise, fall, or stay the same? The equilibrium price . What if only supply falls? The equilibrium price