Please try to draw as clean as possible and try to explain with details

1.1. Supply and demand The metal Palladium is used in catalytic converters in automobiles. The figure below shows the price of Palladium since 2005 (source: bffps://www.imf.org/en/Research/commodity:prices ) Palladium price (index) Use supply and demand diagrams to illustrate the effect on the market for Palladium of the following shocks: a) Tighter emissions regulations that lead to catalytic converters being installed in more cars. b) Lower production of cars due to initial responses to Covid-19 pandemic c) Closing of several of the largest Palladium mines due to floods. d) Show the effect of a) and c) occurring at the same time.