Use the following to answer question: 
-(Figure: The Demand and Supply of Wheat) Use Figure: The Demand and Supply of Wheat.If there is an increase in demand of 2,000 bushels per period at each price,the equilibrium price and quantity will be _____ and _____ bushels per period,respectively.
Definitions:
Elasticity of Demand
The quantification of the relationship between a good's price and its demand levels.
Labor
Utilizing human physical and mental prowess in the production and servicing of goods.
MRP
The marginal revenue product, which is the additional revenue generated from using one more unit of a factor of production.
Wage Rate
The amount of money paid to an employee per unit of time or for each unit of output produced.
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