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(Solved): please plot points on graph The graph shows the market for boltled water. Draw a point at the equlli ...
please plot points on graph
The graph shows the market for boltled water. Draw a point at the equllibrium price and equilibrium quantity of bottled water. Label it 1 . Draw a new demand curve that shows what happens in the market for bottled water if the price of a gym membership rises. Label it \( D_{1} \) Draw a new supply curve that shows fewer firms in the bottle of water market. Label it \( S_{1} \). Draw a point at the new equilibrium price and equilibrium quantity of botlled water, Label it 2 . \( >>> \) Draw any the objects apecifed in the ceuentont.