Question 24 8 pts Given the products below and the events that affect them, indicate what happens to demand or supply, and the equilibrium price and quantity in a competitive market. Identify the determinant of demand or supply that causes the shift. 1. Chicken. Beef prices rise because severe winter weather reduces cattle herds. 2. Tobacco. The government cut its subsidy to tobacco farmers; more people quit smoking Edit View Insert Format Tools Table 12pt V Paragraph B J U A Q V T V V S V