b. The market for St. Louis Rams cotton T-shirtsCase 1: The Rams win the Super Bowl.Case 2: The price of cotton increases.c. The market for bagelsCase 1: People realize how fattening bagels are.Case 2: People have less time to make themselves acooked breakfast.d. The market for the Krugman and Wells economicstextbook 4. Show in a diagram the effect on the demand curve, thesupply curve, the equilibrium price, and the equilib-rium quantity of each of the following events.a. The market for newspapers in your townCase 1: The salaries of journalists go up.Case 2: There is a big news event in your town,which is reported in the newspapers.

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4. Show in a diagram the effect on the demand curve, the supply curve, the equilibrium price, and the equilib- rium quantity of each of the following events. a. The market for newspapers in your town Case 1: The salaries of journalists go up. Case 2: There is a big news event in your town, which is reported in the newspapers.