• With the increasing use of internet, instead of advertising in newspapers, individuals and firms use websites that offer free or inexpensive classified ads, social media platforms and search engines. a. Using the supply and demand model, explain what will happen to the equilibrium levels of newspaper advertising as the use of the Internet grows in the long and short run. (8 marks) b. Will the growth of the Internet affect the supply curve, the demand curve, or both? Why? (2marks)