Question 38 10 pts Sketch a market in equilibrium. Then: 1. Graphically represent an increase in quantity demanded, and briefly explain what would cause it. 2. Graphically represent an increase in supply, and briefly explain what would cause it. To receive full credit, you must: . Be specific. . Accurately represent and label all curves. . Accurately represent and label the X- and Y-axis. . Accurately highlight how each variable is represented in the new equilibrium. . Provide the economic reasoning for your answers