For each of the following 10 events state:

1) whether market demand or supply is affected (briefly explaining why),

2) whether market price rises or falls, and

3) what happens to market quantities bought and sold.

The FDA classifies tobacco as an addictive substance.

Cigarette prices are widely believed to rise sharply in one month.

Cigarette excise taxes collected from cigarette sellers rise.

Overseas markets for domestic cigarette production grow.

Half the tobacco crop is destroyed.

Farmers devise more efficient methods for harvesting tobacco.

Coffee prices rise.

Marijuana prices fall.

A quota on tobacco production is instituted and a ban on tobacco imports is imposed.

Current market price for cigarettes is $1.00/unit above their equilibrium price.