Draw a hypothetical demand and supply curve for cyber cafes - coffee houses with computers hooked up to the Internet with access to daily newspapers (among other things) at each table. Show how demand or supply is affected by the following:
A) A technological breakthrough lowers the cost of computers.
B) Consumers' income rises.
C) A per-hour fee is charged to coffee houses to use the Internet
D) The price of newspapers in print rises.
E) Possible suppliers expect cyber cafes to become more popular.