Carefully explain what is happening in the following markets. Indicate the impact if any on demand, supply and quantity Impact on supply a. Decrease towards equilibrium b. Increase equilibrium...

Carefully explain what is happening in the following markets. Indicate the impact if any on demand, supply and quantity Impact on supply a. Decrease towards equilibrium b. Increase equilibrium quantity c. Shift inwards/ to left d. Increase towards equilibrium e. Change in quantity uncertain fExcess demand g. Change in price uncertain h. Excess supply k. Decrease equilibrium price l. Shift outwards to right m. Increase equilibrium price Impact on demand a. Decrease towards equilibrium b. Increase equilibrium quantity c. Shift inwards/ to left d. Increase towards equilibrium e. Change in quantity uncertain f. Excess demand g. Change in price uncertain h. Excess supply k. Decrease equilibrium price l. Shift outwards to right m. Increase equilibrium price Impact on price a. Decrease towards equilibrium b. Increase equilibrium quantity c. Shift inwards/ to left d. Increase towards equilibrium e. Change in quantity uncertain f. Excess demand g. Change in price uncertain h. Excess supply k. Decrease equilibrium price l. Shift outwards to right m. Increase equilibrium price Impact on quantity a. Decrease towards equilibrium b. Increase equilibrium quantity c. Shift inwards/ to left d. Increase towards equilibrium e. Change in quantity uncertain f. Excess demand g. Change in price uncertain h. Excess supply k. Decrease equilibrium price l. Shift outwards to right m. Increase equilibrium priceScenario 3:<br>Market for lemonade<br>THINK PEOPLE<br>WILL SUSPECT THAT<br>WERE IN CAHOOTSP<br>MAYBE I SHOULD<br>MOVE DOWN THE<br>STREET SOME.<br>Free<br>Popcorn<br>Lenondde<br>$50<br>extre salty<br>64 x 306<br>Impact on demand<br>Choose.<br>Impact on supply<br>Choose.<br>Impact on price<br>Choose.<br>Impact on quantity<br>Choose.<br>

Extracted text: Scenario 3: Market for lemonade THINK PEOPLE WILL SUSPECT THAT WERE IN CAHOOTSP MAYBE I SHOULD MOVE DOWN THE STREET SOME. Free Popcorn Lenondde $50 extre salty 64 x 306 Impact on demand Choose. Impact on supply Choose. Impact on price Choose. Impact on quantity Choose.
Jun 11, 2022
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