QI. Illustrates the market for chocolate bars has the following demand and supply schedules: Quantity Demanded Supplied 26 53 80 92 111 120 Price Quantity S3 $4 $5 $6 111 100 80 64 $7 $8 51 37 a....

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Extracted text: QI. Illustrates the market for chocolate bars has the following demand and supply schedules: Quantity Demanded Supplied 26 53 80 92 111 120 Price Quantity S3 $4 $5 $6 111 100 80 64 $7 $8 51 37 a. Graph the demand and supply curves. What is the equilibrium price and quantity in this market? b. If the actual price in this market were above the equilibrium price, what would drive the market toward the equilibrium? c. If the actual price in this market were below the equilibrium price, what would drive the market toward the equilibrium?