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how to solve this question? (b) The demand and supply schedules for face mask are in the table. Quantity demanded Quantity Price supplied (RM per

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(b) The demand and supply schedules for face mask are in the table. Quantity demanded Quantity Price supplied (RM per pack) (millions of packs a week) 2.00 200 4.00 160 120 120 160 8.00 200 Required: (i) Suppose that the price of face mask is RM8.00 a pack. Describe the situation in the face mask market and explain how the price adjusts. (4 marks) (ii) Suppose that the price of mask is RM4.00 a pack. Describe the situation in the face mask market and explain how the price adjusts. . S'} marl'sl

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