(TCO A) A market is in equilibrium with equilibriumquantity Q* and equilibrium price P*.(2 pts.) What happens to P* if there is an increase in supply?(4 pts.) What happens to Q* if there is a decrease in supply and adecrease in demand?(4 pts.) What happens to P* if there is an increase in demandfollowed by a decrease in supply followed by another increase indemand?