On the diagram below D and S represent the demand and supply curves for mountain/trail bicycles in the UK over the past year. These cycles are predominantly used on trails and in rural areas. 3 (a) Identify which curve would best depict the likely outcome for each of the following situations. (i) New legislation significantly reducing the rights of cyclists to access trails in rural areas. (ii) A significant increase in the cost of bicycle components used in manufacturing mountain/trail bicycles. (iii) A successful advertising campaign promoting the health benefits of cycling. ASSESSMENT MODERATED INTERNAL VERIFIER DATE 12/2/22 (b) For each situation in part (a), indicate whether your selected curve represents an increase or decrease in demand, or an increase or decrease in supply at every possible price in the market.