Assume that the demand equation for exercise watches, such as the Fitbit, is Q^D = 2,200 - 15P and the supply equation is Q^S = 15P - 800. After a favorable study shows that using exercise watches significantly reduces users' weights, quantity demanded increases by 300 at every price. The new equilibrium price will be _____ and the new equilibrium quantity will be _____.

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The Answer of Assume that the demand equation for exercise watches, such as the Fitbit, is Q^D = 2,200 - 15P and the supply equation is Q^S = 15P - 800. After a favorable study shows that using exercise watches significantly reduces users' weights, quantity demanded increases by 300 at every price. The new equilibrium price will be _____ and the new equilibrium quantity will be _____.

Assume That the Demand Equation for Exercise Watches, Such as the Fitbit