The question is below:
Please help me, thank you!
For each scenario below, Show what will happen on a supply and demand graph for each of the scenarios below and list the following information. All graphs should be properly labeled for full credit. A. B. C. D. Quantity Increase or Decrease Supply and/or Demand increase, decrease or stay the same. Determinant that causes the change (Ex resource cost, expectations, related goods etc) Price Increase or Decrease Graph label: Market for luxury automobiles Scenario: Luxury automakers expect a downturn in the economy Graph label: Airline tickets Scenario: National News organizations predict that the prices of airline tickets will fall next month Graph label: Market for solar power Scenario: Congress approves a consumer tax rebate for adding solar panels to their homes at the same time that a resource used to make solar panels becomes more expensive. (hint, the tax rebate doesn't come in until next April so consumers are making their decision based on what they expect to come in their rebate months away) Graph label: French Fries Scenario: Fast food companies collude to increase the price of french fries at all of their restaurants. The following question refers to a group of related markets in the United States during a long period of time. The diagrams show the supply and demand model before the assumed change occurs. Trace through the effects of the assumed change other things constant (start with A and work your way to D). For each market, draw whatever new supply or demand curves are needed, labeling each new curve S. or D]. Then indicate what has happened to demand, supply, equilibrium price and equilibrium quantity in each market. Assume that the government imposes a tax on the producers of hot dogs and that people are equally satisfied with hamburgers as they are with hot dogs and that people use more mustard on their hot dogs than they do on their hamburgers. A. Hot Dogs B. Hamburgers C. Mustard D. Hamburger Buns