RI Dang x | Ares x | Log| x |4 Lectu x | Micrc x | Pears x _ Hom x 4 QMS. X |4 Lectu x | Ares x | Lectu X | af12r x | Micrc x | 01-A x | G Aran X R Quiz: X G equil x Q The x |+ X + -> C A courses.ryerson.ca/d21/Ims/quizzing/user/attempt/quiz_start_frame_auto.d21?ou=5437778lisprv=&drc=0&qi=273924&cfql=18dnb=0&fromQB=0 Assignment 2 X Est. Length: 0:45:00 Quan Chu: Attempt 1 Page 1: Question 1 (1 point) 1 2 3 Consider the market for french fries. Which of the following events individually would cause an increase in the equilibrium price of french fries? 4 5 6 I. An increase in the price of cooking oil, an input into making french fries -- II. An increase in the price of sweet potato fries, a substitute to french fries Ill. An increase in the number of producers making french fries V. An increase in the price of ketchup, a complement to french fries 8 9 -- -- O III, IV 10 11 12 -- OI, 1I 13 14 15 OI -- -- -- OI, II, IV Question 2 (1 point) Given standard demand and supply curves, if the quantity demanded is the quantity supplied, this means the price is - the equilibrium price. Greater than, higher than Less than, lower than Equal to, higher than Greater than, lower than Type here to search EX - 18C Sunny ~ () ENG 6:15 PM 9/29/2021