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Use the illustrations provided to answer the following questions. a. Illustrate and explain the effect of an increase in Demand on equilibrium price and quantity.Write

Use the illustrations provided to answer the following questions.
a. Illustrate and explain the effect of an increase in Demand on equilibrium price and quantity.Write one or two sentences to answer this question.
S Po D Q Qob. Illustrate and explain the effect of a decrease in Demand on equilibrium price and uanti . Write one or two sentences to answer this cuestion. c. Illustrate and explain the effect of an increase in Supply on equilibrium price and uanti . Write one or two sentences to answer this uestion. d. Illustrate and explain the effect of a decrease in Supply on equilibrium price and quantity. Write one or two sentences to answer this uestion. S S Po D Qo Q

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