Consider the market for electric cars. For each of the following events, explain the effect on the supply curve for electric cars and explain what will happen to the market equilibrium price and quantity in the short run. Make sure to fully explain your answers. (7.5) a. Wages for electric car workers decrease (2.5) b. A new technology is developed that significantly reduces the cost of producing electric cars (2.5) c. Electric car companies expect that the price of electric cars will be significantly higher in the future (2.5)