(Table) According to the data in the table, what happens if quantity supplied rises by 4 units at each and every price? $$\begin{array} { c c c }
\text { Price } & \begin{array} { c }
\text { Quantity } \
\text { Demanded }
\end{array} & \begin{array} { c }
\text { Quantity } \
\text { Supplied }
\end{array} \
\$ 10 & 18 & 6 \
\$ 20 & 16 & 8 \
\$ 30 & 14 & 10 \
\$ 40 & 12 & 12 \
\$ 50 & 10 & 14 \
\$ 60 & 8 & 16
\end{array}$$

Question

(Table) According to the data in the table, what happens if quantity supplied rises by 4 units at each and every price? $$\begin{array} { c c c } 
\text { Price } & \begin{array} { c } 
\text { Quantity } \
\text { Demanded }
\end{array} & \begin{array} { c } 
\text { Quantity } \
\text { Supplied }
\end{array} \
\$ 10 & 18 & 6 \
\$ 20 & 16 & 8 \
\$ 30 & 14 & 10 \
\$ 40 & 12 & 12 \
\$ 50 & 10 & 14 \
\$ 60 & 8 & 16
\end{array}$$

Quizplus · Accepted Answer

The equilibrium price drops to $30 and the equilibrium quantity rises to 14 units.

(Table) According to the Data in the Table, What Happens