Music Compact Disks Supply Schedule Demand Schedule Quantity Price 50 Quantity Price 46 $18 16 16 14 12 10 BB4 1218z832252 14 12 10 6 4238 322220 82 Music Compact Disks 24 22 20 18 16 14 12 10 1 4 8 12 16 20 24 28 32 36 40 44 48 52 56 60 64 68 72 76 80 84 88 92 96 100 1. Use information in the table to construct a demand curve. Why does the curve slope downward? 2. Use information in the table to construct a supply curve. Why does the curve slope upward? 3. What is the market price? 4. How is the market price determined