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thee question continues. I will be sending pics of the question. Consider the market for pens. Suppose that the number of students with an allergy

thee question continues. I will be sending pics of the question.

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Consider the market for pens. Suppose that the number of students with an allergy to pencil erasers increases, causing more students to switch from pencils to pens in school. Moreover, the price of ink, an important input in pen production, has increased considerably. On the following graph, labeled Scenario 1, indicate the effect these two events have on the demand for and supply of pens. 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. Scenario 1 O Supply Demand Supply PRICE (Dollars per pen) Demand

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