Given the following individual demand and supply schedules for pen and answer the following the questions using completely labeled graph for each part. Price Demand by Ali Demand by Eman Supply by Piano Supply by Parker 10 500 750 100 350 20 400 650 200 450 30 300 550 300 550 40 200 450 400 650 50 100 350 500 750 a) Graph the demand and supply curves. What is the equilibrium price and quantity in the market for pens?  b) Suppose, if the price of the pen is fixed at 40 and 10, analyze its impact on the market for pens.

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