• Expected change to equilibrium price and quantity if the price of a substitute good (an alternative make of auto) decreases vs the expected change if the price of a complement decreases (lithium batteries).
• If the increased input prices do occur as predicted, explain how the company would react and what action they would take.
• Finally, evaluate the change to equilibrium as income is falling and inflation is expected in the future.
• Make sure to include how the firm will be impacted in each scenario.

Price	Demand Schedule	Supply Schedule
	(000's)	(000's)
20,000	60	0
22,000	42	10
24,000	30	30
26,000	20	50
28,000	12	75
30,000	5	120
32,000	0	200