(Solved): Q8:Q9: Use the supply schedule below to answer the questions that follow. Supply of Flower Bouquets ...

Use the supply schedule below to answer the questions that follow. Supply of Flower Bouquets Price Quantity of Bouquets (dollars per bouquet) Supplied $40 90 35 60 30 40 25 30 20 10 15 0 Instructions: Enter your answers as a whole number. a. What is the quantity of bouquets supplied if the market price is $25? bouquets of flowers b. Suppose the market price rises from $25 per bouquet to $35 per bouquet. The quantity of bouquets supplied will (Click to select) by bouquets. (Click to select) increase decrease Imagine that the market supply of peaches comes from Georgia (GA) and South Carolina (SC). The table below shows the quantity of peaches supplied in each state at each price. Individual and Market Supply of Peaches Quantity of Peaches Supplied (pounds) Price (dollars per pound) GA SC Market $10 26,000 14,000 8 22,000 11,000 6 18,000 8,000 4 14,000 5,000 2 10,000 2,000 Instructions: Enter your answers as a whole number. a. In the table, complete the lumn labeled "Market." b. How many pounds of peaches will be supplied to the market when the price is $6 per pound? pounds