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Think about how demand and supply change in the following scenarios and describe the effect on equilibrium prices and quantities. a.Going to the hairdresser is

Think about how demand and supply change in the following scenarios and describe the effect on equilibrium prices and quantities.

a.Going to the hairdresser is perceived as a health risk. What happens in the market for haircuts?

b.Due to new safety protocols, workers in meat processing plants are able to pack half as many chicken drumsticks per hour. What happens in the market for drumsticks?

c.A study finds that UVC light kills 99.7% of viruses within 30 seconds. What is the effect on the market for UVC light diodes?

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