Question: Using the following data, plot the two demand curves and the supply curve on graph paper. Label the x-axis and y- axis and give the

Using the following data, plot the two demand curves and the supply curve on graph paper. Label the x-axis and y- axis and give the graph an appropriate title. (4 marks) Price Quantity Demanded (D1) New Quantity Demanded (D2) Quantity Supplied $6 10 30 50 $5 20 40 40 $4 30 50 30 $3 40 60 20 $2 50 70 10 a. What is the equilibrium price for D1? (1 mark) b. What is the equilibrium price for D2? (1 mark)
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