Draw a market supply curve and a market demand curve for the violin market. Label the equilibrium price p* and the equilibrium quantity q. Now label a price ps that is above the equibrium price. (a) Using dotted lines, indicate the quantity demand ga and the quantity supplied 9., corresponding to price pi. How would you describe this market situation? Explain the process by which the market would move to equilibrium (b Now suppose there was excess demand in the violin market draw a new graph. Explain thoroughly the process by which the market would move from that diseguilbrium position to the equinortia.