1) In the market for SUVS, several events occur one at a time.Explain the influence of each event on the quantity supplied of SUVS and the supply of SUVS.Illustrate the

effects of each event by circling either a movement along the supply curve or a shift in the supply curve. The events are: a.The price of a truck rises. Quantity supplied of SUVS Supply of SUVS Movement along demandshift of supply b. The price of an SUV falls. Quantity supplied of SUVS Supply of SUVS Movement along demandshift of supply The price of an SUV is expected to fall next year. Quantity supplied of SUVS Supply of SUVS Movement along demandshift of supply c. The price of an SUV is expected to fall next year. Quantity supplied of SUVS Supply of SUVS An SUV engine defect requires a huge and costly manufacturer's recall to replace the defective engines. Quantity supplied of SUVS Supply of SUVS shift of supplyMovement along demand A new robot technology lowers the cost of producing SUVS. Quantity supplied of SUVS Supply of SUVS shift of supplyMovement along demand Quantity supplied of SUVS