Identify in each of the situations who is affected (demand/suppy) and how it affects them (increases/decreases)

Identify in each of the situations who is affected (demand/supply) and how it affects them (increases/decreases) according to the determinants discussed in class: 6) INCOME HAS INCREASED WITH A MINOR EFFECT OF THE ELIMINATION OF PAYROLL SUBSIDIES 7) THE COSTS OF PRODUCING HATS HAVE INCREASED CONSIDERABLY, HOWEVER, THEIR EFFECT IS LESS THAN THE REDUCTION OF TAXES FOR THE PRODUCTION OF THE SAME. 8) THE GOVERNMENT REDUCED THE TAX RATES FOR INDIVIDUALS, APPLIED TO THEIR PAYROLL. 9) COMPETITION PRICES HAVE INCREASED CONSIDERABLY, RESULTING IN AN INCREASE IN BUYERS AND THIS IN TURN INCREASES INVENTORY MOVEMENT. HOWEVER, THE REACTION OF BUYERS IS GREATER TO THE INVENTORY MOVEMENT. 10) THE SOLAR PANEL MANUFACTURING SECTOR INVESTED $75 MILLION IN NEW TECHNOLOGY, HOWEVER, ITS EFFECT IS LESS THAN THE DECREASE IN CONSUMER PREFERENCE FOR THIS PRODUCT