Question 3 A market analyst asks for your help to forecast changes in different markets. The market analyst would like you to look at the following markets; Traditional Board Games, Plant Pots, Personal Surveillance Equipment for Home Security, Electric Bicycles. When conducting research related to the relevant markets the following articles appear to given strong indication of relevant market changes: Children are playing less with traditional toys and more on electronic devices; There are many blogs and social media posts providing advice on caring for plants as tending to plants became a popular hobby for many during national lockdowns; There are an increased number of thefts in packages delivered to homes; There is a disruption to the supply chains that provide parts required to produce personal surveillance equipment; There is an increase in popularity to nd alternative modes of transport than cars and public transport; The technological process related to the manufacturing of electric bicycles improves. Given the above noted articles, consider how they may affect the market price and quantity of the markets that you are reviewing. Ensure that you use supply and demand diagrams to support your answers. (15 marks)