Follow the steps to label and describe each supply curve. 1. Draw an arrow showing the direction in which supply moves for each scenario. 2. Properly identify each supply curve (S, S1, etc.). 3. Identify the item in question and the reason (according to NICEJAG) for the change.

4.1) The government announced that it wouid increase subsidies for soybean farmers {soybean market). Item: Reason: 4.3) An oil well explodes in the Gulf of Mexico (oil market). P Q Item: Reason:4.4) It is discovered that there is a problem with a new microchip installed in every new smartphone sold by one manufacturer (smartphone market). P Q Item: Reason:4.5} A town loses three of its ve bakeries {baked goods market}. Item: Reason: 4.6) A dieting fad leads to the increased popularity of pears (apple market). P Q Item: Reason:4.7) A popular TV chef's use of chicken fivers feeds to an increase in demand (chicken wings market). Item: Reason: 4.8) The government passes a new tax on test feed that takes effect tmmedtetety (fast food) Item: Reason: 4.9) Failure to follow best practices leads to the collapse of the largest mine in the copper-rich country of the Democratic Republic of the Congo (copper market). P Q Item: Reason