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Back to Assignment Attempts Keep the Highest / 6 14. Determinants of Supply and Demand Consider the market for minivans. Assume minivans are a normal good. For each of the following events, identify which of the determinants of demand of supply are affected. If demand is unaffected by this event because it creates only a supply change, select the "None" option under the "Demand Determinant" column. Similarly, if supply is unaffected by this event because it creates only a demand change, select the "None" option under the "Supply Determinant" column. Event Demand Determinant Supply Determinant People decide to have more children. Income A strike by steelworkers raises steel prices. Engineers develop new automated machinery for the production of minivans. The price of sports utility vehicles rises. A stock-market crash lowers people's wealth. Show the effect of the following event on the market for minivans: People decide to have more children. Supp Demand Supply Price of Minivans