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*Use the following demand schedule and possible supply schedules A-D, to answer questions 19-24. Resource Supply Demand Price A B C D 100 $1 20 40 60 60 80 2 40 60 60 80 60 3 60 80 60 90 40 4 80 100 60 100 Refer to the above schedules.24. If demand for an economic resource decreases by 50 units at each price when the supply schedule is perfectly inelastic, then the: A-Equilibrium economic rent would be $1- -B. Equilibrium economie rent would be $2- C. Equilibrium economic rent would be $3 D. Resource would be considered to be free22. Price will influence the availability of the economic resource and the equilibrium price will be $2 with resource supply schedule: A. A B. B D. D