23b) Demand and supply model - Change in both demand and supply (4 marks) Market for tomatoes: - Technological advancement in agriculture leads to a much larger harvest of tomatoes this season. Around the same time, a widely published new research concludes that tomatoes have uncommon cancer curing properties. i. If there is no further information as to the size of the change (shift), what will be the market outcome in terms of price and quantity? Hint: In your answer you must identify the relevant demand determinant and supply determinant (0.5 mark) - explain how each of the two curves will shift (1 mark) explain how the price and the quantity will change with each of the shifts (1 mark) explain the market outcome after the two simultaneous shifts if you do not know the relative size of the shift (0.5 mark) (total of 3 marks) ii. If the change in the supply of tomatoes is significantly more than the change in the demand, what will be the market outcome in terms of price and quantity? (1 mark)