The following events occur in the market for good B, which is a normal good:
a) Good B becomes more fashionable and popular.
b) The price of good C, a substitute for good B, goes down.
c) Consumers anticipate declining prices.
d) There is a surge in the population that uses good B.
e) Income falls for a large subset of consumers who buy good B.
Identify the impact of the event to the equilibrium price and quantity of each event.
PLEASE DRAW a supporting diagram