Question: need help with this please Supply and Demand in Equilibrium: 1) Based on the graph below, fill out the table on the right. Domestic Tofu

need help with this please Supply and Demand in Equilibrium: 1)

need help with this please

Supply and Demand in Equilibrium: 1) Based on the graph below, fill out the table on the right. Domestic Tofu Market Price $60 Quantity Quantity Supply Price Demanded Supplied $50 SO $40 $5 $10 $30 $15 $20 $20 $25 $10 Demand $30 $35 20 40 60 80 100 $40 Quantity $45 $50 2) What is the equilibrium price and quantity in the domestic tofu market? 3) Assume that all consumers were willing to pay $10 more for every quantity of tofu (compared to the graph above). a. Sketch the new demand curve directly on the graph. b. What would be the new equilibrium price and quantity

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