Microeconomics 6th Edition by Robert Hall, Shirley Kuiper, Marc Lieberman

Exercise 5

Draw supply-and-demand diagrams for market A for each of the following. Then use your diagrams to illustrate the impact of the following events. In each case,determine what happens to price and quantity in each market.
a. A and B are substitutes,and the price of good B rises.
b. A and B satisfy the same kinds of desires,and there is a shift in tastes away from A and toward B.
c. A is a normal good,and incomes in the community increase.
d. There is a technological advance in the production of good A.
e. B is an input used to produce good A ,and the price of B rises