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Provide your answers to this question directly below in the space provided and number your answers according to the corresponding letter of each question. DO

Provide your answers to this question directly below in the space provided and number your answers according to the corresponding letter of each question. DO NOT rewrite the questions in the answers and keep your answers brief. (15 Points)

Take a look at the image below. Using the tools that you've learned in this class, briefly:

student submitted image, transcription available below

a. Identify the market that is being illustrated. (3 Points)

b. Describe how you would illustrate what is being expressed in this cartoon. In your description, assume that all parties have been affected. Remember, you can't draw in Canvas, but you can certainly state what you would illustrate. Make sure to label what needs to be labeled in your description. Assume I don't know anything. (6 Points)

c. Identify two reasons that answer the question in the bubble.

B JUST WHY IS GAS SO EXPENSIVE? SUPPLY DEMAND

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