Answer Happy

Suopose the following table reflects the domestic supply and demand for Bluetooth headphones. 60 50 45 40 35 8 25 55 7 8 6 5 4 3 2 1 Prica (5) Quantity supplied in milions per year Quantity demanded in mio per year) 4 6 B 10 12 14 16 a. Graph these market conditions. Instructions: Use the tools provided Demand' and Supply to graph the demand curve and the supply curve alot points total for each curvel 0 Bluetooth Headphones GS Teos 60 Sцppy Demand 50 45 World Tarit Price (dollars per unit) 40 35 30 25 2 4 5 B 10 12 14 16 18 Quantity (millions per year) Instructions: Enter your responses as a whole number 10 The equlibrium price is Sl per unit C) The equilibrium quantity is million headphones per year 5. Now suppose that foreigners enter the manicat offering to sell an unlimited supply of Bluetooth headphones for $35 aplece. illustrate this using the graph above. Instructions: Use the tool provided World to graph a horizontaline representing the world price of $35. This curve should touch the vertical axis (alot 2 points total (O The new market price is $ per unit Domestie consumption is milion headphones per year. Domestic production is million headphones per year. cGraph the domestic consumption and domestic production if a tariff of $5 per unit were imposed. Instructions: Use the tool provided Tariff to graph a horizontal line representing the world price + tariff of $40. This curve should touch the vertical axis (alot 2 points total) #0 The new market price is $ per unit (1) Domestic consumption is milion headphones per year Domestic production is million headphones per year.