1. Decide whether the event shifts the supply or demand curve (or perhaps both).\ 2. Decide in which direction the curve shifts. 3. Use the siupply-and-demand diagram to see how the shift changes the equilibrium price and quantity.
Man-made causes of depletion of ozone layer: The main cause for the depletion of ozone is determined as excessive release of chlorine and bromine from man-made compounds such as chlorofluorocarbons (CFCs).
Ozone layer is present in the stratospheric stage of the atmosphere. If the ozone layer in the stratosphere is brought as it is on to the surface of the earth then it will form one inch thick layer. Depletion of ozone layer has become a major issue recently. Loss of ozone layer will lead to many human health problems. The serious problem among the health issues is skin cancer.