A) Draw a correctly label supply and demand market for hair dryers. B) Suppose consumer information becomes available that there is a fire hazard with hair dryers. Indicate what change, if any, this would have on the hair dryer market. Explain.

C) Now suppose workers who produce hair dryers have signed a wage agreement that gives them 10 percent pay increase. Indicate what change, if any, this would have on the hair dryer market. Explain.