Questions Consider the three situations characterized by the following table Observers as Fraction Target as Fraction Situation of Original Demand of Original Supply A 3/4 3/4 B 1/4 1/4 C 1/2 1/4 For each of the three situations, determine the market equilibrium that would arise under boycott conditions. Give the quantities transacted by observing and non-observing buyers, and by target and non- target sellers. Drawing on your results, state the general principle which relates the effectiveness of a boycott to the observance fraction and the target fraction. "Effectiveness," in this context, means lowering the price to target sellers. Can you provide some intuition as well