In the figure to the right, what are the effects of a price increase from $4 per wireless earbud to $7 per wireless earbud on the quantities demanded by Buyer 1 and by Buyer 2 individually and combined? 1.) Using the line drawing tool, draw the market demand curve for the two buyers. Label this line 'D.' 2.) Using the point drawing tool, indicate on Buyer 1's demand curve, D₁, the quantity demanded when the price is $4 per wireless earbud. Label this point 'A₁.' 3.) Using the point drawing tool, indicate on Buyer 2's demand curve, D2, the quantity demanded when the price is $4 per wireless earbud. Label this point 'A2' 4.) Using the point drawing tool, indicate on the market demand curve for the two buyers, D, the quantity demanded when the price is $4 per wireless earbud. Label this point 'A.' Carefully follow the instructions above, and only draw the required objects. --- Price per Wireless Earbud ($) 7- 1- D1 D2 4 8 12 16 20 24 28 32 36 40 Wireless Earbuds per Year