Problem 4. Consider the market for family cars. For each of the events listed here, identify which determinant of demand or supply are affected.

DRAW the effect on supply or demand curves, and whether price and quantity increased or decreased. 3 points.

(a) Filipino parents decided to have more children;

(b) A strike by workers in car parts manufacturing firms raises the price of car parts;

(c) The Philippine government finally improved public transportation such as MRT & LRT, compressing the travel time between Cubao & Makati to 5-10minutes.

Please show me the computation/solutions, thank you.