3. Draw a diagram that shows a larger increase in demand than the decrease in supply.
4.Draw a diagram that shows a smaller increase in supply than the increase in demand.See drawing attached.II. Chapter 4: Questions & Problems: 9 (p122)Working with Numbers and Graphs: 2 (p122)9. What is the difference between a price ceiling and a price floor? What effect is the same for both a price ceiling and a price floor?