Suppose we are analyzing the market for oranges in 2017. Graphically illustrate the impact of each of the following events on consumer or producer surplus. See the instruction video, “Week 3_Homework Guideline”. PLEASE REVIEW THIS VIDEO FIRST!

A. In 2017, Wildfires destroyed a majority of orange farms, reducing the orange production substantially, and what would be the impacts on consumer surplus?(minimum words requirement: 100 words + Graphical analysis)

B. The price of apple, orange substitute, decreased in 2017. What would be the impacts on producer surplus?(minimum words requirement: 100 words + Graphical analysis)

C. The price of orange in 2018 is expected to rise dramatically compared to 2017. What would be the impacts on consumer surplus or producer surplus?(minimum words requirement: 100 words + Graphical analysis)

D. The United States Census Bureau reported that household income dramatically increased in 2017. What would be the impacts on producer surplus (minimum words requirement: 100 words + Graphical analysis)

Note that you must submit everything (discussions and graphical analysis) in one word or pdf document, otherwise, I will return your assignment. Separate files or documents will not be accepted.