The demand function for the pork is:

 

In this case, the equilibrium price of pork would be $ (Round your answer for the price to two decimal places.) Suppose INCOME falls to $40,000 and COST does not change. and the equilibrium quantity of pork would be tons. and the new equilibrium quantity of pork would be tons. The new equilibrium price of pork would be $ (Round your answer for the price to two decimal places.) Suppose INCOME is $50,000 and COST rises to $10. The new equilibrium price of pork would be $ (Round your answer for the price to two decimal places.) and the new equilibrium quantity of pork would be tons.