can you explain each question with clarity

1. Clearly state and explain the law of demand and the law of supply. 10 pts 2 Explain the difference between a change in demand and a change in quantity demanded. Illustrate these changes on a graph. When income increases, what happens to the demand for goods and services. Explain, using the determinants of supply, three causes as to why the supply curve would increase. 10 pts Explain, using the determinants of demand, three causes as to why the demand curve would decrease. 10 pts quickly sketch a graph and identify equilibrium, surplus and shortage on the graph. Then, Explain the difference between equilibrium, surplus and shortage. 10 pts --... Consider the markets for Nike sneakers and reebok sneakers. Using two separate k graphs, graphically portray what happens in each market when there is an increase in the price of Nike sneakers. Clearly state what has happened in each graph and why. ISNts . A. Explain the difference between a price floor and price ceiling. Identify what these would like on a graph. 5 pts b. explain why a price floor might be considered inefficient. 5 pts c. who benefits and who is hurt from a price ceiling and why? 5 pts