Economics Homwork

Describe the effect that each of the following events (in the second column) are expected to have (had) on demand, supply or both, in the U.S. market (in the first column). Provide an explanation in each case. Event a. The U.S. market for COVID-19 vaccines Market A large section of the adult population isn't concerned about COVID-19, though COVID-19 related hospitalizations have been on the rise in some parts of the country. b. The U.S. automobile market, i.e., for cars, trucks etc. c. The U.S. market for electric vehicles (EV) The strikes at auto manufacturers GM, Ford, and Stellantis a month or so ago. Increased availability of Tesla Supercharger charging stations, and 19 major EV manufacturers switching to the Tesla charging ports.