Instructions 0 You are in the peanut butter business and owns an average-quality, average-price brand of peanut butter spread. Show in a 5-D diagram, what happens in the following situations: a) You decide to raise the price of your product. What happens in terms of the QD, Q5, surplusfshortage of your product? Is your move going to change the market S-D curves? b} A competitor lowers the price of their product. What happens in terms of the QD, QS, surplusfshortage of your product? Is your competitor's move going to change the market S-D curves? c) You upgrade your factory, so you increase your production. What happens in terms of the QD, QS, surplus/shortage of your product? Is your move going to change the market S-D curves? Explain the change, by drawing a 5-D diagram for the market of peanut butter. If there is any setback to your profit, how can you counteract it? Show your counteract move in the 5-D diagram