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).
The ozone layer protects us against harmful solar ultraviolet radiation. Ozone in the stratosphere absorbs some of the Sunâs biologically harmful ultraviolet radiation. Most of the short-wave radiation (so-called UV-B) is absorbed by the ozone layer, whereas long-wave UV (so-called UV-A) passes through the ozone layer and reaches the ground.