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Use the demand and supply schedules below to answer the following questions. Price of Shoes (per pair) Quantity of Shoes Demanded Quantity of Shoes Supplied

Use the demand and supply schedules below to answer the following questions.

Price of Shoes (per pair)

Quantity of Shoes Demanded

Quantity of Shoes Supplied

$ 10 100 20
30 80 40
50 60 60
70 40 80
90 20 100

b. If the number of buyers increases, the(Click to select)quantity demanded of shoesdemand for shoeswill(Click to select)decreaseincrease.

This will cause the equilibrium price to(Click to select)be indeterminatedecreaseincreaseand the equilibrium quantity to(Click to select)be indeterminateincreasedecrease.

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