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The graph below shows the market for pineapples. 10 Market for Pineapples Price (dollars per pound) 0.1 point $4.00 $3.50 $3.00 Print $2.50 $2.00 $1.50 $1.00 X. $0.50 10 20 40 50 60 Quantity (tons) Instructions: Enter your answers as a whole number. a. What are the initial equilibrium price and quantity in the pineapple market? p=$ per pound a=tons of pineapples Now suppose an increase in tropical cuisine made with pineapples shifts the demand curve for pineapple as shown in the graph below. Market for Pineapples O Price (dollars per pound) $4.00 $3.50 $3.00 $2.50 $2.00 $1.50 $1.00 X $0.50 10 20 30 40 50 160 Quantity (tons) b. Which of the following price and quantity combinations best describes the new equilibrium in the market for pineapples? O P = $2.25 per pound and Q = 22 tons Op = $2.00 per pound and Q = 20 tons O P = $2.00 per pound and Q = 22 tons O P = $2.50 per pound and Q = 25 tons