explain the possible effects on demand and/or supply and equilibrium price and quantity of spiral bound notebooks using a correctly labeled supply and demand graph. Under your hand-drawn graph, list the d) The price of binders and paper decreases.
A new binding machine is invented that binds in half the time.
The price of spiral bound notebooks is expected to double next month.
The government raises taxes on businesses at the same time that students receive their supply list for the new school year.
The price of pens and pencils falls dramatically.

Question

explain the possible effects on demand and/or supply and equilibrium price and quantity of spiral bound notebooks using a correctly labeled supply and demand graph. Under your hand-drawn graph, list the d) The price of binders and paper decreases. 
A new binding machine is invented that binds in half the time.
The price of spiral bound notebooks is expected to double next month.
The government raises taxes on businesses at the same time that students receive their supply list for the new school year.
The price of pens and pencils falls dramatically.