You talk about the newspaper market, where the equilibrium price has decreased and the equilibrium quantity has decreased. There are three analysts who attempt to explain the reason for the low price and the low quantity for this commodity Required: Based on what we have learned in the principles of microeconomics, that is, the analyzes were able to explain the changes that occurred in the newspaper market (support your answer with a drawing, meaning that the answer must contain 3 drawings representing the three analyzes and then choose the analysis and drawing that explain the changes that occurred in the market. News Papers)

Principles of Microeconomics Assignment (21 The average price for a daily edition of a newspaper was $1 in 2009. The equilibrium price and equilibrium quantity decreased in 2010. Three different analysts have three different explanations for the decrease in equilibrium price and equilibrium quantity. Analyst 1: The lower price of newspapers is good news because it means the population is better informed about public issues. These data clearly show that the citizens have a new, increased regard for newspapers. Analyst 2: The lower price of newspapers is good news for the citizens. The lower cost of paper, ink, and distribution reected in these lower prices will further increase the population's awareness of public issues. Analyst 3: The lower prices of newspapers is a result of many consumers have turned to the Internet to access news coverage for free. As economists and based on what we know about economic principles, can we figure out which explanation applies to the case of falling newspaper prices and quantity? (Explain your answer graphically)