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 2:<br>Market for Box Fans<br>WHERE ARE<br>I'M SORRY, WE VE<br>WE'RE IN THE MIDDLE OF A<br>YOUR BOX FANS? A SOLD OUT OF THEM<br>100-DEGREE HEAT WAVE! HOW<br>COULD YOU SELL OUT OF FANS?!<br>Impact on demand Choose.<br>Impact on supply<br>Choose.<br>Impact on price<br>Choose.<br>Impact on quantity Choose.<br>man Fast<br>Det y R Features Suricate,<br>

Extracted text: Scenario 2: Market for Box Fans WHERE ARE I'M SORRY, WE VE WE'RE IN THE MIDDLE OF A YOUR BOX FANS? A SOLD OUT OF THEM 100-DEGREE HEAT WAVE! HOW COULD YOU SELL OUT OF FANS?! Impact on demand Choose. Impact on supply Choose. Impact on price Choose. Impact on quantity Choose. man Fast Det y R Features Suricate,
Jun 11, 2022
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