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Congag. Digital Leaming MindTap - Cengage Lea X https:/g.cengage.com/staticb/ui/evo/index.html?elSBN=9780176887964&did=672538160&snapshotid=1519723& CENGAGE | MINDTAP Aplia Homework: Chapter 4 wasn't apparent before the shifts because each graph indicates different magnitudes for the supply and demand shifts in the market for pens. Use the results of your answers on both the Scenario 1 and Scenario 2 graphs to complete the following table. Begin by indicating the overall change in the equilibrium price and quantity after the shift in demand or supply for each shift-magnitude scenario. Then, in the final column, indicate the resulting change in the equilibrium price and quantity when supply and demand shift in the direction you previously indicated on both graphs. If you cannot determine the answer without knowing the magnitude of the shifts, choose Cannot determine. Change in Equilibrium Objects Equilibrium Object Scenario 1 Scenario 2 When Shift Magnitudes Are Unknown Price Decreases Increases Cannot determine Quantity Increases Increases Increases True or False: When both the demand and supply curves shift, the curve that shifts by the smaller magnitude determines the effect on the undetermined equilibrium object. True False Grade It Now Save & Continue Continue without saving Type here to search e - B ESC f10 Echapp. X A 1 12 X @ % & @ 3 4. 5 8 9 E 2 3 Q W E R T Y U P A S D F G H K L Z X C V B N M