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The following table describes the weekly market situation for unsweetened apple juice before and after the price of?apples, an?input, decreased. The original supply is S1

The following table describes the weekly market situation for unsweetened apple juice before and after the price of?apples, an?input, decreased. The original supply is S1 and the new supply is S2.

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The following table describes the weekly market situation for unsweetened apple juice before and after the price of apples, an input, decreased. The original supply O is S, and the new supply is S2. 5- Price per Supply Original New Supply S1 Carton (S,) Demand (D,) (S2) 4- En (000s) (000s) (000s) $3.50 14 6 18 3.00 12 8 16 3- 2.50 10 10 14 Price per carton 2.00 8 12 12 1.50 6 14 10 2- 1.) Using the point drawing tool, plot the original equilibrium point and label it 'E,'. 2.) Using the line drawing tool, draw in the new supply curve and label it 'S2'. 3.) Using the point drawing tool, plot the new equilibrium point and label it 'E?'. D1 Note: if you are not prompted for a label, then you have used the wrong drawing 8 12 16 20 tool. Thousands of cartons per week According to the graph, an increase in supply will cause the equilibrium price to and the equilibrium quantity to

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