Question: 2. Show in a graph the effect on the demand curve, the supply curve, the equilibrium price, and the equilibrium quantity for each of the

2. Show in a graph the effect on the demand curve, the supply curve, the equilibrium price, and the equilibrium quantity for each of the following events.D gonom is boonom siulen S er Videobmins a) The market for the local newspaper. Event 1: The salaries of journalists go up. [50%] Event 2: There is a big news event in your city which is reported in the newspaper. b) The market for cotton shirts. Event 1: The summer is unusually hot. Ofudhits esylf ert edngeed Event 2: the price of cotton increases. mollifegmos offellogong

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