The following are some real-world examples of scenarios that can happen in the marketplace. For each scenario, identify whether it will be a shift in the demand curve, a movement along the demand curve, a shift in the supply curve, or a movement along the supply curve. Note: Answer each scenario. How will this impact price and quantity demanded in the marketplace?
-Finally, pick a market reality that you are currently seeing and its impact on the supply or demand curve.
-Make sure total response equals 60-80 words.
-Respond to one peer with feedback on their market reality.

Scenario #1: Consumers begin looking for healthier snack options and apples are considered a healthy snack. What will be the impact on the demand for apples?
Scenario #2: The price of new automobiles increases by 10% from the previous month. (Think like a consumer for this example)
Scenario #3: The labor used to produce computers goes up significantly. What will be the impact on the production of computers?
Scenario #4: Apple realizes that customers are willing to pay 25% more for a new iPhone as we head into the summer months. (Think like a producer for this example)