Question: A. Given the table attached, graph the supply and demand curve for Banana shakes, and state equilibrium price and quantity. B.) What would happen to

A. Given the table attached, graph the supply and demand curve for Banana shakes, and state equilibrium price and quantity. B.) What would happen to the Banana shake industry, if the price of bananas increased, AND at the same time, the price of melon milkshakes decreased (substitute)? Show changes on your graph, and state NEW equilibrium price and quantity. (NOTE: for the shifts caused by these events, they are generic, meaning if you think the supply will shift to the left, shift it anywhere to the left, like I do in class) (15 total points). Can be done on graph sheet, or folder/typing sheet (need to use a ruler if done on one of these.) Picture can be uploaded here, or via the classroom, under the Test 1 assignment Price Quantity Quantity Demanded Per Supplied Per Month Month $10 3,000 5,000 $8 4,000 4,000 $6 5,000 3,000 $4 6,000 2,000 $2 7,000 1,000 & Add file
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