Question The market for disposal digital cameras has the following demand and supply schedules: Price Quantity Demanded Quantity Supplied $ 5 10 15 20 25 30 35 15 13 11 9 7 5 3 0 3 6 9 12 15 18 a. Graph the demand and supply curves. What are the equilibrium price and quantity in this market? b. Explain what would happen if the market price is set at $30, and show this on the graph. c. Explain what would happen if the market price is set at $15, and show this on the graph.

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