Using fully labelled diagrams, illustrate what may be the outcome in each of the questions given below, (Remember to use a ruler and include accurate labels.] 

1. What would happen to the supply of bicycles if there were a large increase in the tax on bicycles? 

2. What would happen to the supply of foreign holidays if there were a fall in the price of foreign holidays? 

3. What would happen to the supply of vinyl records if there were a significant increase in the price of the components used to make vinyl records? 

4. What would happen to the supply of cars if the government were to subsidize car production in order to encourage employment in the car industry? 

5. What would happen to the supply of white bread if a firm were to discover that there has been a large increase in the demand for brown bread, which they could also produce? 

6. What would happen to the supply of a certain brand of bottled water if there were an improvement in the technology used to produce it? 

7. What would happen to the supply of carrots if the farmer decided to preserve the environment by farming in a more traditional manner, instead of making more profits? Now write an explanation of any one of the above and then share it with another class member, or present it to the whole class.