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18035/133606 W CENGAGE |MINDTAP Q Search this co Homework (Ch 04) 10. Market equilibrium The following table shows the annual demand and supply in the market for ice cream in New York City. Tools Price Quantity Demanded Quantity Supplied (Dollars per gallon of ice cream) ips (Gallons of ice cream) (Gallons of ice cream) 2,000 200 Ips 8 1,600 600 12 1,200 800 16 800 1,200 20 400 1,800 On the following graph, plot the demand for ice cream using the blue point (circle symbol). Next, plot the supply of ice cream using the orange point (square symbol). Finally, use the black point (plus symbol) to indicate the equilibrium price and quantity in the market for ice cream. Note: Plot your points in the order in which you would like them connected. Line segments will connect the points automatically. (? 24 O 20 Demand 16 gallon of ice cream) Supply 12 MacBook Pro