If the price is $3.00 per frisbees, buyers would buy ____
and sellers would sell ____ frisbees.
![If the price is 300 per frisbees buyers would buy and sellers would sell frisbees class=](https://us-static.z-dn.net/files/d92/32694955c740624ca443a086332e2a8a.png)
Due to the increase in cost of manufacturing Frisbees, the quantity supplied falls to 150 million. If the price is still $3.00 per frisbees, buyers would buy 200 units but sellers would sell 150 frisbees. The new equilibrium should've been at $4.00.
Hope this helps!