Question: 1. A. Use the following unit value and unit cost schedules to calculate the theoretical market demand and market supply functions. Label each step of

1. A. Use the following unit value and unit cost schedules to calculate the theoretical market demand and market supply functions. Label each step of the two market functions with the corresponding buyer or seller number whose unit value or unit cost (for a l'l or 2\"'1 unit) corresponds to that step. Unit Values Unit Costs 15! 2nd lst 2nd B1 144 133 S] 142 163 B2 146 121 $2 140 154 B3 147 142 S3 134 147 B4 154 108 S4 126 [67 BS 167 97 SS 121 172 B6 161 105 $6 1 16 177 B. Show the competitive equilibrium price prediction implied from the market demand and supply functions of Part A. Explain how we could use Question 1 to do a new experiment where market supply shifts up while market demand remains constant

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