Question: please explain the answers accurately Question 12 15 points Save Ans Use the Supply and Demand Model to answer both parts of this question. Consider
please explain the answers accurately

Question 12 15 points Save Ans Use the Supply and Demand Model to answer both parts of this question. Consider the market for Buffalo Bills Sports Jackets. Explain what happens to the equilibrium price and equilibrium quantity in the market when the following events take place. (Make sure to mention which curve is shifting, which direction it's going, and the change in equilibrium price and equilibrium quantity) Event A) Due to the Bills excellent season their merchandise has become significantly more popular.. Event B) A new technology is discovered that allows sports jackets to be manufactured faster, cheaper, and easier
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