Show in a diagram the effect on the demand curve, the supply curve, the equilibrium price and the

equilibrium quantity of each of the following events.

1. Tribune's market in your city

a. Rise in wages of reporters.

b. Tribune published a ground breaking story happened in your city.

2. The market for Borjan shoes.

a. Aisam-ul-Haq won the New York open and is the ambassador of Borjan.

b. Raw leather price rises.

3. The market for donuts

a. Realization about donuts causing obesity.

b. Less time for working class to make breakfast.

4. The market for the Wren and Martin workbook

a. Teacher making it mandatory for every student to practice.

b. Paperback editions making printing costs cheaper for books.