Refer to the table below containing the market demand and supply schedules for leather jackets. Price Quantity Demanded Quantity Supplied ($ per jacket) (jackets per year) (jackets per year) $200 6,090 9,000 170 7,000 7,000 140 8,090 5,000 110 9,000 3, 000 80 10,000 1, 000 a. Draw a graph showing the market demand and supply curves, D and So, and the associated equilibrium point. Use the line tools provided to plot only the 2 endpoints of each curve. Indicate each equilibrium point with the tool provided. Market Demand and Supply for Leather Jackets 210 Tools 200 190 180 170 160 D So 150 140 130 ($ per jacket) 120 110 Eo S1 100 90b. The equilibrium price is $ and the equilibrium quantity is jackets. c. Due to an increase in the number of producers, the annual quantity supplied in this market increases by 6,000 jackets at every price. The new equilibrium price is $ and the new equilibrium quantity is jackets. d. Draw the new market supply curve (S1) and indicate the new equilibrium on the graph above. Plot only the 2 endpoints to draw the curve and 1 point to indicate the new equilibrium in the graph above. e. Due to the change in supply conditions, sellers' total revenue will change. When compared with the initial equilibrium price and quantity, sellers' total revenue |(Click to select) | from $ million to $ million. Because price and total revenue move in the (Click to select) | direction(s), demand is (Click to select) | in this price range