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Part lll: Supply and Demand Analysis Directions: Solve each problem. LNA ( 1. Draw and Label Equilibrium ; 2. Draw the Change 3. Shifter:

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Part lll: Supply and Demand Analysis Directions: Solve each problem. \\\\ \\LNA ( 1. Draw and Label Equilibrium ; 2. Draw the Change 3. Shifter: The government puts a tax on glasses producers. 4. After: Price | Quantity 1. Draw and Label Equilibrium 2. Draw the Change 3. Shifter: Tesi e of | The price of vision correction surgery, a substitute for glasses, decreases. (Analyze glasses) 1 A Quantity 4., Afte]r: Price 3[_ 1. Draw and Label Equilibrium 2. Draw the Change 3. Shifter: The price of glasses cases, a complement to glasses, increases (Analyze glasses). Glasses producers increase the price of glasses. An improvement in technology for glasses firms. The government funds free screening for vision problems in elementary schools. (double shift) 4. After: Price Quantity 1. Draw and Label Equilibrium 2. Draw the Change 3. Shifter: 4. After: Price Quantity 1. Draw and Label Equilibrium 2. Draw the Changes 3. Shifters: 4. After: Price Quantity

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