using the graphs,Identify what sort of effect the following events have:

a)A concerted reduction in the total production level in oil markets

b)Government policies supporting agricultural production

c)The implementation of subsidies to manufacturing of cars in Australia

d)The implementation of a Carbon tax in the resources exploitation sector. A Carbon tax is charged according to the level of emissions of greenhouse gases in an economy.

e)The implementation of a new loan program to university students in the education sector

You are required to explain whether the event acts on the demand or supply side, and whether the event leads to a quantity or price change, or leads to a shift in demand and/or supply. Make sure to explain what sort of assumptions you are making on the elasticities of demand and supply.

Graphs are needed.