Q1. Pretend this is a supply and demand graph for chocolate bars. If you charged $4 per chocolate bar, how many consumers would be willing to pay that amount? No need to explain Price Supply and Demand O 20 consumers Supply O $4 40 consumers 70 consumers $3 O 90 consumers $2 O Demand 100 consumers $1 None of the above |Quantity 20 40 60 80 100 120 Q 2. Pretend this is a supply and demand graph for chocolate bars. What is the 1 point most money you should charge for a chocolate bar that will also get you the most customers? No need to explain Price Supply and Demand O $1 $4 Supply $2 O $3 $3 O $4 $2 Demand O None of the above $1 |Quantity Q 3 In your own words, explain why we want a small part of society to be 1 point unemployed. Give 1 point. Answer in 1-2 sentences Q 4 We talked about NFTs (Non Fungible Tokens) in a recent class. Explain how 2 points the Water and Diamond Paradox relates to things such as NFTs. (2 marks) Short answer please Q 5. Can you start your own currency / money? Why or why not? (Give 2 2 points points) Answer in 2-5 sentences Q6 If you were a grocery store, what are two examples of capital? (2 marks) 2 points Answer in 2-5 sentences