TYPED EXPLANATION PLEASE-Can someone please come up with a thorough explanation for each scenario including the underlying determinant that causes changes in demand/quantity demanded OR supply/quantity supplied depending on the scenario? Also, attach what the graph would look like using THE ARROWS/LABELS provided and using the empty graph to the left as a template. (Complete questions 4-6)

Auto parts manufacturing firms have recently revealed that they will soon implement newly developed state-of-the-art product stamping techniques that will significantly shorten the production cycles of the most common automobile components. What is likely to happen to supply of auto parts when these new production techniques get implemented? D S. P Do 5. During this month the energy industry analysts note that crude oil prices rose sharply and have surpassed the psychological barrier of $100 per barrel. According to their estimates, such a drastic price move will inevitable result in significantly higher gas prices in very near future. If the general public views these estimates as accurate and credible, i.e. if people do begin to believe that the gas prices will soon be much higher for above reasons, then what is likely to happen to demand for gasoline as soon as the analysts' assessments become public? P1 qe 6. Auto industry analysts predict that because of the rising gas prices, the cars with the hybrid engines will see a big growth in popularity among the consumers next year. What is likely to happen to demand for hybrid engine cars assuming that the analysts' predictions come true next year? S