# The following graph shows the market for cereal in New York City, where there are over 1,000 stores that sell cereal at any given moment. Supposethe Surgeon General issues a public statement saying that consuming cereal is bad for your health.Show the effect of this change on the market for cereal by shifting one or both of the curves on the following graph, holding all else constant.Note: Select and drag one or both of the curves to the desired position. Curves will snap into position, so if you try to move a curve and it snaps backto its original position, just drag it a little farther.SupplyDemandSupplyDemandQUANTITY (Boxes)Now suppose Congress passes a tax cut that increases the income of New York City residents.If cereal is a normal good, this will cause the demand for cereal toPRICE (Dollars per box)

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