Using fully labelled diagrams, illustrate what will happen to the equilibrium price and quantity in each of the situations below, and then explain what has happened. 1 There has been a health scare relating to the consumption of chicken. 2 There has been an increase in the costs of production in the motorcycle industry. 3 There has been an improvement in production technology in the textile industry. 4 Manufacturers in the sportswear industry have decided to raise the price of training shoes