In the context of your S-D crude oil model analyze the impact of the following changes in economic conditions (ceteribus paribus) on the equilibrium price and quantity of oil.Show your result in a supply-demand graph (separate graph for each change) of the U. S. oil market.

a)economic growth continues which increases household disposable income.

b)the price of natural gas (methane) and electricity decrease.

c)non-OPEC oil production increases due to improved drilling technology.

d)tariffs on steel increase the costs of drilling and producing crude oil.

e)Saudi Arabia and Russia agree to reduced oil production.