The supply and demand curves reflect the availability and cost of a new gaming system. if the gaming system market is currently at demand and supply 1, which
change to the graph would have to occur to decrease equilibrium price while raising equilibrium quantity?
add demand 1 to left of demand.
add demand 1 to right of demand.
add supply 2 to left of supply 1.
add supply 2 to right of supply 1.

scenario: hawaii and south carolina are trading partners. hawaii has an absolute advantage in the production of both coffee and tea. the opportunity cost of producing 1 pound of tea in hawaii is 2 pounds of coffee, and the opportunity cost of producing 1 pound of tea in south carolina is 1/3 pound of coffee. which of the following statements is true? a. south carolina should specialize in the production of both tea and coffee. b. hawaii should specialize in the production of tea, whereas south carolina should specialize in the production of coffee. c. hawaii should specialize in the production of coffee, whereas south carolina should specialize in the production of tea. d. hawaii should specialize in the production of both tea and coffee.