4. Consider the market for bacon. For each of the following scenarios, do the following: a. State which curve will shift and in which direction. b. Explain why the curve shifted. c. Indicate what will happen to the market price. (Will it increase or decrease?) d. Indicate what will happen to the equilibrium quantity. (Will it increase or decrease?) i. The price of pork falls. (This question is about the market for bacon.) ii. The share of the population who is vegetarian increases. iii. The price of sausage increases. (This question is about the market for bacon.) iv. A bacon producer goes out of business. v. The government imposes new regulations on bacon producers