For automobile industry:

• Identify and explain two factors that have caused a shift in the demand curve. Illustrate the impact on the market using supply and demand curves.
• Identify and explain two factors that have caused a shift in the supply curve. Illustrate the impact on the market using supply and demand curves.
• Identify and explain one government intervention relating to this market. Explain the government's economic objective and illustrate the impact on the market using supply and demand curves.

NOTE:Please draw 2 graphs for demand-one graph for each factor, and 2 graphs for supply one graph for each factor, show new equilibrium after the effect of factor. Please choose one factor showing for increase and one for decrease in demand and supply each case. At least one graph showing the effect of government intervention.