$1.)$ Using the line drawing tool, graph the effect of growth in U$.$S$.$ shale oil by drawing a new supply curve. Label your curve $\text{'}{S}_2\text{'}.$

$2.)$ Using the line drawing tool, graph the effect of the increasing use of electric vehicles by drawing a new demand curve. Label your curve $\text{'}{D}_2.\text{'}$

$3.)$ Using the point drawing tool, indicate the new market equilibrium. Label your point $\text{'}{e}_2.\text{'}$

Carefully follow the instructions above and only draw the required objects.

The student's analysis is

A$.$ incorrect, because the equilibrium quantity will decrease but the equilibrium price may or may not decrease

B$.$ incorrect, because the equilibrium quantity will decrease.

C$.$ correct.

D$.$ incorrect, because the equilibrium price may or may not decrease.