By drawing demand and supply curves for a given market, analyze how equilibrium price and quantity will be affected for each of the following situations. In order to receive full credit for your answers, make sure (i) to label the axes, (ii) to label the curves, (iii) to label equilibrium values before and after, (iv) to indicate the direction of quantity and price changes, and to (v) explain in words how equilibrium price and quantity changes. A) Due to safety concerns, fewer people are travelling long distances. Market: Airline tickets. B) Buyers and sellers expect that the price of gold will increase in the near future. Market: Gold