NAME Domingul2, Andiea SECTION#_ECO 13/1-0010 #37 PRINT LASTKNAME, FIRST NAME 7. Ceteris paribus, if demand and supply both increase at the same time, equilibrium price and equilibrium quantity increases; may rise, fall, or stay the same, depending decreases; may rise, fall, may rise, fall, may rise, fall, or stay the same, depending on the size of the two shifts. on the size of the two shifts. a. b. or stay the same, depending or stay the same, depending on the size of the two shifts; increases on the size of the two shifts; decreases с. d. Use the graph below to answer questions 8 through 10. Price So F P2 A SI Pi С Po В: DI Do 0 Qo Q2 Q3 Quantity 8. Assume this market is initially in equilibrium at point F. A decrease in the number of buyers in this market combined with improved production technology would most likely change equilibrium to point: А b. В а. C с. d. F Assume this market is initially in equilibrium at point A. An increase in the number of buyers and sellers in this market would most likely change equilibrium to point: 9. А b. В а. С с. d. F If demand is represented by Di and supply is represented by S1, at a price of P1: 10. quantity supplied is equal to Q2. quantity demanded is equal to Q2. the market is in equilibrium. All of the above statements are true. а. b. с. d. Chapter 4 Assignments 70

please draw the graph for question3, dont you respond me with chat gpt and dont give and writen solution   Draw a correctly labelled demand and supply graph for the market for toilet paper in the US with an equilibrium price of $20 per pack: You should label your vertical axis as "Price" and the horizontal axis as "Quantity". Draw a downward-sloping demand curve and an upward-sloping supply curve. Label the point where they intersect as the equilibrium point, with a price of $20 per pack. During the pandemic, more people were buying toilet paper in fear that it would run out. On the same graph, show how this affects the market for toilet paper. Explain your answer: The increased fear would cause a shift to the right in the demand curve, indicating higher demand at each price level. This would move the equilibrium point up along the supply curve, indicating a higher price and quantity sold. Now impose a price ceiling at $15 per pack. What would be the impact of the price ceiling…

The Krampf Lines Railway Company specializesin coal handling. On Friday, April 13, Krampf hadempty cars at the following towns in the quantitiesindicated: Town Supply of Cars Morgantown 35 Youngstown 60 Pittsburgh 25 By Monday, April 16, the following towns will needthe numbers of coal cars listed: Town Demand for Cars Coal Valley  30 Coaltown 45 Coal Junction 25 Coalsburg 20 Using a railway city-to-city distance chart, the dis-patcher constructs a mileage table for the preceding towns. The result is shown in the table on this page.Minimizing total miles over which cars are movedto new locations, compute the best shipment of coalcars.

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