Supply and Demand: Upload a file (probably a picture of the piece of paper with your work on it) that answers the following question. Assume that we start in equilibrium and end in equilibrium.

PROBLEM: If yo-yos become less popular, what will happen in the market for yo-yos?

Your answer must include:

1. A graph that shows where the market started before the change and where it ended up after the change.Label the graph completely.
2. What happens to the equilibrium price for the product.
3. What happens to the equilibrium quantity for the product.
4. A brief explanation in words for why the market changes this way.