1. For each of the following scenarios, GRAPH how the supply and
demand curve change. Indicate whether equilibrium price and
quantity increase, decrease, or change ambiguously. (5 points)a.
Market: Hot chocolate. Winter approaches and the weather grows
colder. At the same time, hot chocolate producers have created a
more efficient technology to harvest cocoa beans.b. Market:
Swimming suits. The factory that produces swimming suits was
flooded by Hurricane Cristóbal. Meanwhile, beaches open across the
country.c. Market: Jumpsuits. Duchess Meghan Markle...