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The image provided focuses on supply and demand shifts for markets, displaying diagrams of supply and demand curves, along with associated questions.

### Key Points:
- The image shows two graphs with supply and demand curves labeled.
- The task likely asks for identifying the shifts and understanding the effects on equilibrium prices and quantities.

For each of these diagrams, you are likely required to:
1. Determine whether the shifts are in supply or demand.
2. Analyze how the equilibrium (intersection of supply and demand) changes in response to these shifts.
3. Identify whether prices and quantities increase or decrease.

If you'd like specific details or further clarification on the shifts or results in your specific graphs, please provide more information or ask further questions!

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Would you like details on supply and demand shifts, or help with anything else?

Here are some questions that might guide your understanding:
1. What causes shifts in supply and demand curves?
2. How does an increase in demand affect price and quantity?
3. What happens when supply decreases but demand remains constant?
4. Can you explain the concept of equilibrium price in these contexts?
5. How does elasticity influence the steepness of supply and demand curves?

**Tip**: When analyzing supply and demand shifts, always focus on the cause of the shift (external factors) and how the new equilibrium compares to the original one.

What happens to price and quantity when supply or demand shifts in a market?

This topic covers how shifts in supply and demand curves affect market equilibrium prices and quantities. Learn about supply and demand shifts, equilibrium changes, and the outcomes for prices and quantities in different market scenarios.

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