2. Winston is disappointed in the new SUV he recently purchased. He was excited about the new technology incorporated in his SUV but they did not live up to his expectations; therefore, please illustrate by constructing a supply and demand graph, the direction in which the curves will shift and state the new equilibrium price and quantity; for example, state whether price and quantity increased, decreased, or are indeterminate. Please explain your rationale based on the determinants of demand and supply.

For each of the following articles below, analyze the impact of a change in demand or a change in supply or both (or it may not necessarily illustrate a change) on price equilibrium price, market price) for the good under consideration and draw the appropriate graph for each article. Use D., S.. P., and O. to symbolize initial demand, supply, equilibrium price and quantity respectively. Use D,, S., P., and Q, to represent the new demand, supply, equilibrium price and quantity respectively Slaughter rates dropped in 2019 because of low farm gate prices and weak pork demand, which contributed to a decline in 2019 swine meat production (plg333.com. March 26, 2020)

Suppose products A and B have demand and supply equations that are related to each other. If q Subscript Upper AqA and q Subscript Upper BqB are the quantities produced and sold of A and​ B, respectively, and p Subscript Upper ApA and p Subscript Upper BpB are their respective​ prices, the table below shows the demand equations and the supply equations. Eliminate q Subscript Upper AqA and q Subscript Upper BqB to get the equilibrium prices.   demand equations supply equations q Subscript Upper AqA equals=33minus−p Subscript Upper ApAplus+p Subscript Upper BpB q Subscript Upper AqA equals=minus−77plus+66p Subscript Upper ApAminus−22p Subscript Upper BpB q Subscript Upper BqB equals=2222plus+p Subscript Upper ApAminus−p Subscript Upper BpB q Subscript Upper BqB equals=minus−33minus−22p Subscript Upper ApAplus+66p Subscript Upper BpB       Question content area bottom Part 1 The prices are p Subscript Upper ApAequals=​$   enter your response…

What are the effects on the equilibrium price and quantity of chocolate if information becomes available that eating chocolate makes your hair fall out and at the same time the price of sugar that is needed to make chocolate reduces by 10 percent? Clearly state the effect on demand and supply and whether equilibrium price and/or quantity have increased, decreased or whether the outcome is uncertain.