Question: Problem Set #1 - Micro Online - Dunbar, p. 3 2. (3 points) Below are the market demand and supply schedules for FitBit (fitness tracking)

 Problem Set #1 - Micro Online - Dunbar, p. 3 2.

Problem Set #1 - Micro Online - Dunbar, p. 3 2. (3 points) Below are the market demand and supply schedules for FitBit (fitness tracking) devices. Price per FitBit ($) Quantity Demanded Quantity Supplied (100s) (100s) $190 0 24 $180 4 22 $170 20 $160 12 18 $150 16 16 $140 20 14 $130 24 12 $120 28 10 $110 32 8 $100 36 6 a) On your own piece of paper (not to be submitted), plot and carefully label the FitBit demand and supply curves. Price 19d pel FitBit ($) 170 160 150 190 130 120 110 100 Quantity of FitBits 0 4 5 12 16 20 29 2 x 72 26 (100s)

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