9.Consider the market for wool sweaters. Suppose you know that, due to a problem with lice, the wholesale price of wool will increase next year. Suppose you also know that fashion designers will be showing lots of wool sweaters in their fall shows. From this information you predict that:

1. both equilibrium price and quantity of wool sweaters will increase this fall relative to last fall.
2. the equilibrium price of wool sweaters will decrease this fall relative to last fall and the equilibrium quantity will increase.
3. both equilibrium price and quantity of wool sweaters will decrease this fall relative to last fall.
4. quantity of wool sweaters will increase, but you cannot accurately predict the direction of a price change.
5. price of wool sweaters will increase, but you cannot accurately predict the direction of a quantity change.
   

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