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Graph Input Tool B Market for Wine Supply Price 12.00 (Dollars per bottle) Quantity Demanded 144 Quantity Supplied Thousands of Thousands of bottles) bottles) Surplus
Graph Input Tool B Market for Wine Supply Price 12.00 (Dollars per bottle) Quantity Demanded 144 Quantity Supplied Thousands of Thousands of bottles) bottles) Surplus Shortage PRICE (Dollars per bottle] Thousands of 108 (Thousands of bottles) bottles) Demand Demand Shifter Supply Shifter Price of Price of Grapes Champagne 50.00 6.00 (Dollars per pound) (Dollars per bottle) 18 30 64 72 00 108 120 144 102 180 QUANTITY (Thousands of bottles of wine)Reset the graph to the initial state. Then, for each action described in the following table, indicate which elements on the graph (if any) are affected. Check all that apply. (Note: After changing the value in each field, be sure to again refresh back to the initial value before proceeding to the next row in the table.) Demand Supply Green Quantity Quantity Curve Curve Line Demanded Supplied Surplus Shortage Entering 6.00 into the Price field 0 O O Entering 3.00 into the Price of Grapes field D Entering 38,00 Into the Price of Champagne field
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