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There are TWO (3) questions in this section. Answer ALL questions in the answer booklet. Question 1 - Show your working. Suppose the demand and supply schedule for UNITAR T-shirts is given by: Price Demand of T-shirts Supply of Sweatshirts RM/unit (Units) (units) 10.00 4000 400 20.00 3200 800 30.00 2400 1200 40.00 1600 1600 50.00 800 2000 60.00 0 2400 i. Define market equilibrium. (1 Mark) ii. Determine the equilibrium price and quantity. (2 Marks) iii. Explain by using a diagram, the effects on market equilibrium when the price of cotton (a production input for T-shirts) falls. (3 Marks) iv. Briefly explain any TWO (2) factors that can cause the demand curve shift to the right. (4 Marks)