Carefully explain what is happening in the following markets. Indicate the impact if any on demand, supply. price and quantity Scenario Market for Box Fans WHERE ARE I'M SORRY, WE'VE WE'RE IN THE MIDDLE OF A YOUR BOX FANEST SOLD OUT OF THEM IOS PEOPLE HEAT WAVE! HOW COULD YOU SELL OUT OF FANSAT Impact on demand Choose Impact on supply Choose Impact on price Choose- Impact on quantity Choose-Carefully explain what is happening in the following markets. Indicate the impact if any on demand, supply. price and quantity Scenario 2: Market for Box Fans WHERE ARE I'M SORRY, WE'VE WE'RE IN THE MIDDLE OF A SOLD OUT OF THEM 150-DEGREE HEAT WAVE! HOW COULD YOU SELL OUT OF FANSAT Impact on demand Choose Impact on supply Choopt- Excess supply Impact on price Shift Inwards / to left Increase equilibrium price Impact on quantity No Impact Decrease towards equilibrium Change in price uncertain Shift outwards / to right Carefully explain why Decrease equilibrium price Excess demand bets. Indicate the impact if any on demand, supply, pre Increase equilibrium quantity Scenario I Change in quantity uncertain Market for lemonad Decrease equilibrium quantity Increase towards equilibriumCarefully explain what is happening in the following markets. Indicate the impact if any on demand, supply. price and quantity Scenario 3: Market for lemonade Free Lemonade Popcorn $50 Impact on demand Choose Impact on supply Choose- Impact on price Choose- Impact on quantity ChooseCarefully explain what is happening in the following markets. Indicate the impact if any on demand, supply. price and quantity Scenario 3: Market for lemonad Choose Increase towards equilibrium Excess supply Increase equilibrium price Shift Inwards / to left Change in quantity uncertain Decrease equilibrium quantity Shift outwards / to right Fre Decrease towards equilibrium Pope No Impact Excess demand Decrease equilibrium price Increase equilibrium quantity Change in price uncertain Impact on demand Choose Impact on supply Choose- Impact on price Choose- Impact on quantity Choose