On a piece of scratch paper, draw a graph showing what would happen to the market for pencils if the price of pens decreased dramatically. Use your graph to help answer whether the following statements are True or False. (Note: I am not asking about what happens in the market for pens, I am asking what happens in the market for pencils.) Pens and pencils are complement v [ Select] True The supply curve shifts outwards. False The demand curve shifts outwards. [ Select ] The quantity demanded increases. [ Select ] The quantity supplied decreases. [ Select ] The price of pencils will decrease. [ Select ]