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2. (12 points) Supply and Demand a. In order to mine bitcoin and other cryptocurrencies, people need to use a lot of video cards'. Based on the supply and demand model for video cards, what would we expect to happen to their prices as a result of the recent intense interest in mining cryptocurrencies? b. Assuming the supply of moving trucks for rent is roughly the same between San Francisco and Los Angeles, and fixed in the short-run. As many people seek to move out of San Francisco due to high rents, what would we predict will happen to the price of a moving truck rental there compared to a similar city such as Los Angeles? c. Steel is an important input to the production of many household appliances. Suppose a trade war causes the price of steel to increase. Using the supply and demand model for household appliances, explain whether you would predict prices to increase, decrease or stay the same