microeconomics

Using supply-and-denland diagrams, Show and explain the effects of the following events on the price of CDRs and the quantity of CDRs sold. For each event, identify which of the determinants of demand or supply is affected, how it influences demand or supply. and what happens to the equilibrium price and quantity. a) The price of a CD burner falls. (8 marks) h) Producers introduce new cost-saving technologies in their CDR production plants. [8 marks)