An Improvement in The Change. equipment and Supply or Demand technology for cereal Increase or Decrease firms. Shifter 3. After: Price Quantity 9. 1. Draw and Label Equilibrium: The supply of eggs, a 2. The Change: close substitute of Supply or Demand cereal, increases. Increase or Decrease (Analyze cereal) Shifter 3. After: Price Quantity 10 1. Draw and Label Equilibrium: An increase in 2. The Change: population leading to Supply or Demand an increase in cereal Increase or Decrease customers Shifter 3. After: Price Quantity 11 In order to promote 1. Draw and Label Equilibrium: American production, 2. The Change: the government Supply or Demand subsidizes cereal Increase or Decrease producers. (Analyze Shifter only American firms) 3. After: Price Quantity