Identify what sort of effects the following listed events have. You are required to define the market under study (for example: the labour market, oil market, etc). Explain whether the event acts on the demand or supply side, and whether the event leads to a quantity or price change, or leads to a shift in demand and/or supply. Make sure to explain what sort of assumptions you are making on the elasticities of demand and supply. d) The implementation of a Carbon tax in the economy. A Carbon tax is         charged according to the level of emissions of greenhouse gases in an         economy. e) The implementation of an increase in tuition in University studies

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