Consider the initial effect of each of the following events on the underlined market.

First indicate what the shifter (or external shock) is.

Use an ARROW to show whether there is an increase or decrease in demand (D) or supply (S), and equilibrium price (P), equilibrium quantity (Q).

Use the space provided to graph the appropriate shifts or movements.

Be sure to label the axis, curves and equilibrium points.

3.1 Ipad5: Research is published that proves Ipad5s cause cancer.