Refer to the information provided in Figure 3.17 below to answer the question(s) that follow.


Refer to Figure 3.17. If the current quantity demanded of rollerblades is 150 per week, you accurately predict that in this market
◦ price and quantity supplied will increase and quantity demanded will decrease.
◦ price and quantity supplied will decrease and quantity demanded will increase.
◦ price, quantity supplied and quantity demanded will increase.
◦ price, quantity supplied and quantity demanded will decrease.