https://www.youtube.com/watch?v=bXil-e4Ig6c

[PIRAGUA GUY] It's hotter than the islands are today And Mister Softee's truck has broken down

And here come all his customers my way I told you, I run this town!

Piragua, piragua One-twenty-five, piragua! Piragua, piragua Two-twenty-five, piragua!

New block of ice, hike up the price Lai lo le lo lai, lai lo le lo lai

Blackouts are nice, blackouts are nice Lo le lo lai

Keep scraping by Piragua!

Which curves or curves (Demand/Supply/both)were affected and why?

Answer in full sentences and between 100-250 words.

How were the curves affected? (Was it a shift or movement along the curve?, What direction was the change?) Explain why!

Answer in full sentences and between 100-250 words.

TEXTBOOK:N. Gregory Mankiw, Principles of Microeconomics, 9th Edition

I BELIEVE CHAPTER 4 to answer these questions.