explain and answer

E Untitled domma'It-Goi x 1m- .: V I: C'- 5. Show and describe what would happen to the market supply curve for a good in each of the following cases. a. an increase in the number of suppliers and an increase in subsidies b. a decrease in the number of suppliers and an increase in taxes c. an increase in input prices and increasing costs of regulation d. producers expect now that the price will be lower later 5. What would be the effect of each of the following on the supply of ketchup' In Canada? In each ' case, identify the responsible determinant of supply. . a. Tomato prices skyrocket (ketchup rs made from tomatoes). b. Parliament places a 26 percent tax on ketchup production. c. Entrepreneurs invent a new, faster tomato crusher to make ketchup. 7. The following graph shows three market supply curves for cantaloupe. Compared to point A_' I '; which point represents a. an increase in quantity supplied? ..b;; an increase in supply