(Solution) - The graph shows supply and demand curves for the newest -(2025 Original AI-Free Solution)

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The graph shows supply and demand curves for the newest SuperWidget.

a. What is the equilibrium price?
b. What will happen if the price is set at $0.98?
c. How many SuperWidgets are demanded at a price of $0.98?
d. How many SuperWidgets are supplied at a price of $0.98?
e. What will happen if the price is set at $1.22?