Your Task The Salty Pawz margins are good, but would Wanda be better off by lowering prices and potentially selling more? Would dropping her price even make a difference, or would she just be giving away her profits? What would be the impact on demand if she reduced her price? Use the “Supply and Demand” data beginning on page 9 of the Salty Pawz Case Study. The information there illustrates the potential impacts on quantity supplied and quantity demanded at various price points for the four Salty Pawz products. Using the charts and data, create a graph that shows the Supply and Demand Curves for the four Salty Pawz products that Wanda sells. For each product, determine the equilibrium point where Quantity Supplied = Quantity Demanded. What is the current price Wanda is selling each item for? (Hint: Selling price for Party Pooch is $20 for 12, but you should be able to find all other prices for one unit). Should she increase or decrease her price or stay where she is? If she changes her price, what should the new price be and how will that change her income and demand for each item? Be sure to provide the following for each item: Name of item, Supply and Demand Curves, Equilibrium point, current selling price, new price, old income, new income, old demand, new demand.