Determine the effects of each event on the indicated market (i.e., the market listed in parentheses). Specify (write in the box) whether it effects the demand or supply curve, the direction of the shift (right or left), and the change (rise or fall) in both equilibrium price and quantity. Equilibrium Equilibrium Curve Affected Direction Price Quantity Event of Shift Change Change Demand/Supply Right/Left Rise/Fall Rise/Fall Insects Kill Half the World's Tomato Crop (tomato market) 2. Recession Hits Many Consumers Lose Jobs (movie ticket market) 3. Price of Salmon Skyrockets (sea bass market) 4. Government Passes No Smoking in Public Areas Law to Discourage Smoking (cigarette market) 5. New, More Efficient Assembly Line Technology Introduced (automobile market) 6. Price of Spaghetti Sauce Skyrockets (pasta market)