Shifts in supply or demandThe following graph plots the market for electric guitars in Miami, where there are always over 1,000 music stores. Suppose the price of amplifiers decreases. (Assume that people regard electric guitars and amplifiers as complements.)Show the effect of this change on the market for electric guitars by shifting one or both of the curves on the following graph, holding all else constant.Note: Select and drag one or both of the curves to the desired position. Curves will snap into position, so if you try to move a curve and it snaps back to its original position, just drag it a little farther.

Homework (Ch 04) (? O Supply Demand Supply PRICE (Dollars per guitar) Demand QUANTITY (Guitars) Now suppose Congress passes a tax cut that increases the income of Miami residents. If electric guitars are a normal good, this will cause the demand for electric guitars to