a)For each of the following scenarios, use a supply and demand diagram to illustrate the effect of the given shock on the equilibrium price and quantity in the specified competitive market. Explain whether there is a shift in the demand curve, the supply curve, or neither.

i) An unexpected temporary heatwave hits the Kenyan Coast. Show the effect in the ice

cream market in Mombasa.

ii) The government introduces a tax on ice cream which is paid for by producers. What is the

effect in the ice cream market?

iii) Kenya and Mexico are major producers of textiles. Workers in Mexico decide to go on

strike. Show the effect on the market for Mexican textiles.

iv) Show the effect of the situation described in (iii) on the market for Kenyan textiles.