The table below contains information on the market demand and supply for inline skates. Price Quantity Demanded Quantity Supplied ($ per pair) (thousands of pairs per week) (thousands of pairs per week) 25 288 168 128 SE) Market Demand and Supply for Inline Skates 200 Tools Do So 150 D1 S1 Price ($ per pair of skates) 100 50 O 25 50 75 100 125 150 175 200 Quantity (thousands of pairs of skates per week)b. If the initial demand and supply curves for inline skates are DO and 50. the initial equilibrium point in this market is at a price of $ and a quantity of thousand pairs of skates. c. Because of heightened concerns over injuries, the demand for inline skates changes from D0 to D]. What are the new equilibrium price and quantity associated with D1 and SO? The new equilibrium point in this market is at a price of $ and a quantity of thousand pairs of skates. Compared with the equilibrium point in part (b), equilibrium price has {Click to select) v and equilibrium quantity has {Click to select) v d. Now, due to a rise in wages. the supply of inline skates changes from SO to S1. What is the new equilibrium price and quantity associated with D1 and S1? The new equilibrium point in this market is at a price of $ and a quantity of thousand pairs of skates. Compared with the equilibrium point in part (c), equilibrium price has (Click to select) v and equilibrium quantity has (Clickto select) v