3. Predict what will happen to either supply or demanu in we following situations a. Several large companies enter the accounting services industry b. Consumers suddenly decide that body piercing is unfashionable c. The health depart issues a report that consumption of tomatoes prevents colds d. Frost threatens to damage the coffee crop, and consumers expect the price to rise sharply in the future (2 shifts e. The price of tea falls. What is the effect on the coffee market? f. The price of sugar rises. What is the effect on the coffee market? g. Oil Company and motoring association lobbyists convince the government to remove the excise tax paid by sellers on each litre of petrol sold. h. Consumers are buying more clothes made from cotton but the cost of producing cotton has increased. (2 shifts)