(a) How will the market demand curve for a 'normal' good shift (i.e. left, right or no shift) in each of the following cases? (1 mark each)

1. The price of a substitute good falls

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1. Population rises

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1. Income rises

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1. The price of a complementary good falls

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1. The good becomes more expensive

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(b) How will the market supply curve of a good shift (i.e. left, right or no shift) in each of the following cases? (1 mark each)

1. Government subsidies increase

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1. Costs of producing the good fall

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1. Technology of production improves

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1. The price of the good rises

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1. Natural disasters or wars

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