The graph shows the market for e-book readers.
Draw a point at the equilibrium price and equilibrium quantity
of e-book readers. Label it1.
Draw a new demand curve that shows what happens in the market
for e-book readers if the price of a e-book rises. Label it
D1.
Draw a new supply curve that shows fewer firms in the
e-book reader market. Label it S1.
Draw a point at the new equilibrium price and equilibrium
quantity of e-book readers. Label it 2.
The Graph Shows The Market For E Book Readers Draw A Point At The Equilibrium Price And Equilibrium Quantity Of E Book 1 (16.71 KiB) Viewed 52 times
250 200- 150- 100- 50- Price (dollars per e-book reader) So Do 0 2 3 5 Quantity (millions of e-book readers per year) -10
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