The flood in the northern part of NSW has disrupted the supply of seafood, how would this affect the lobster market?

Q2 bi). The supply or demand curve. [Supply curve or demand curve]

Q2 bii). it will shift to the left or right. [shift to the left or right]

Q2 biii). the equilibrium price would rise or fall. [Pe would rise or fall]

Q2 biv). the equilibrium quantity would rise or fall. [Qe would rise or fall]