In 'men 1 To most people in Hong Kong, doing exercise is important to keep fit and stay healthy for fighting the comp-19 now. The following news relate to the tness center market in Hong Kong have been reported recently. Regular physical activity behefiis both the TheCovid-JQ pandemicforced 151 gymsin Hon- body and mind. It can reduce high blood Kong to close last year. but 355 opened. with pressure, help manage weight and reduce the operators taking advantage of cheaper ren risk of heart disease. stroke. type 1 diabetes. and catering to a surge in fitness enthusiasts. and various cancers - all conditions that can increase susceptibility to [Own-19. {a} Consider the information of source A only, use a demand and supply analysis to explain the effects on the equilibrium price and equilibrium quantity of the fitness centEr market in Hong Kong. No demand-and-supply diagram is needed but you need to describe how the curve[s] shifts in your written explanation. {b} Consider the information of source B only, use a demand and supply analysis to explain the effects on the equilibrium price and equilibrium quantity of the fitness centEr market in Hong Kong. No demand-and-supply diagram is needed but you need to describe how the curve[s] shifts in your written explanation. [c] To consider bolt. the effects in part {a} and [b] above, what are the combined effects on the equilibrium price and equilibrium quantity of the fitness center market in Hong Kong? Why does the tness Enter market in Hong Kong have the observation of decreased price based on the two pieces of information? Illustrate with a demand and supply diagram