1. In 2015, the weather conditions were better than normal, leading to higher rainfalls filling up the rivers (which is good for salmon breeding). Moreover, the cooler weather led to higher growth of planktons, which is a primary food source for salmon. Illustrate graphically how this environmental incident would impact the market for salmon. What would happen to the price per pound in 2015 and why? 2. A CNBC news report suggests that airline ticket prices will be lowest between October 6th and October 31st. What happens to the market for airline tickets today? 3. Assume that motels are inferior goods. How will a US recession affect the market for motels? 4. Assume that consumers consume either ice cream or cake and never consume them together. How will an increase in cake prices affect the equilibrium in ice cream market