You are a manager at a firm like Whirlpool in a market with other manufacturers of refrigerators. The adjacent figure shows the initial market demand and supply curves for refrigerators. You know that refrigerators are a normal good and income is?increasing, so the demand for refrigerators will change by 100,000 at every price.

Using the line drawing tool?, show the impact of the increase in?consumers' incomes on this market by shifting the appropriate curve and labeling it aptly.

Using the point drawing tool?, show the initial and new equilibrium points and label them E0?, and E1 respectively.

Carefully follow the instructions?above, and only draw the required objects.