Use demand and supply curve to discuss the effect of each on the market for cigarettes:
a) A cure for lung cancer is found
b) The price of cigars increases
c) Wages increase substantilly in states that grow tobacco
d) A fertilizer that increases the yield per acre of tobacco is discovered
I am not sure on what to put for the x and y axis. Should I use dollar amounts, no. of cases? Please help. Thank you.