6. Explain and illustrate each of the following statements using supply-anddemand diagrams. Show the impact on equilibrium price and quantity. i. "When a heatwave hits Barbados, the price of lettuce rises in supermarkets throughout the country." [3 marks] ii. "During the winter period in Canada, the price of hotel rooms in Caribbean resorts increases." [3 marks] iii. "When the war in Ukraine emerged, the price of gas rose, and the price of a used Toyota fell." [3 marks] iv. An increase in the price of washing machines at Courts, resulted in a reduction in the sales of dryers. [ 3 marks]