4) For each situation, read the article and determine how the named market is affected by the information. Note that the

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4 For Each Situation Read The Article And Determine How The Named Market Is Affected By The Information Note That The 1 (53.88 KiB) Viewed 58 times

4) For each situation, read the article and determine how the named market is affected by the information. Note that there are multiple plausible interpretations for each article, whether your answer will receive full credit depends largely on your ability to articulate why the change might occur. (3 points each with 1 point for predictions to supply and demand, 1 point for effect on equilibrium predictions given earlier answer, and 1 point for sketching these changes.) A. Read "Why Uganda is investing in oil despite pressures to go green" and make predictions to how the described actions will affect the crude oil market. Support your predictions to demand and supply. What will be the expected change in equilibrium price and equilibrium quantity with these changes? Sketch the market and changes on a graph. B. Read "Major breakthrough on nuclear fusion energy" and make predictions to how the described actions will affect other energy source markets. Support your predictions to demand and supply. What will be the expected change in equilibrium price and equilibrium quantity with these changes? Sketch the market and changes on a graph.