I need help on 2 microeconomics questions:

Question 1 (1 point) Suppose the following two events happen simultaneously: 1: Consumers think that the price of toilet paper will increase signicantly in the near future. 2: 2013 Alberta Flood destroys half of the nation's oil and toilet paper production facilities. What happens to the equilibrium price and quantity of toilet paper? 0 The price of toilet paper rises, and the quantity of toilet paper falls. 0 The price and quantity of toilet paper both increase. O The quantity of toilet paper rises, but the price of toilet paper could rise or fall. 0 The price of toilet paper rises, but the quantity of toilet paper could rise or fall. Question 2 (1 point) A monopolist faces demand from two groups of consumers. Demand from Group A and B are, respectively, given by: 1 GroupA P: 20 EQA Group B P = 30 2QB Given this information, has the more elastic demand curve and will pay a higher price under 3rd degree price discrimination. 0 Group A; Group A O Group A; Group B 0 Group B; Group A O Group B; Group B