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Exam #1 Market Automobile Windshields Gasoline Oil Date: predict in Price and a(n) in Quantity. Fill in the tables in the next three exercises. Draw

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Exam #1 Market Automobile Windshields Gasoline Oil Date: predict in Price and a(n) in Quantity. Fill in the tables in the next three exercises. Draw new curves on the graphs to aid you. Show the initial effects predicted by the hypotheses of the indicated event on the markets. For changes in demand and supply. meaning shifts in the curves that lead to new equilibrium price and quantity, use "+" or to show increases or decreases; for no change, use "'0' Event Toyota. GM. and Ford Price plan to increase production due to higher demand expectations. F I! Ii 0'! One of the major Price refineries in the Gulf in the U.S. is shut down for repairs due to fire. K I! IE (I) Government permit Price requirements for drilling for oil on federal land in the U.S. is Iaxed. .><

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