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. The ozone layer is a layer in Earth's atmosphere which contains relatively high concentrations of ozone (O3). This layer absorbs 97-99% of the sun's high frequency ultraviolet light, which is potentially damaging to life on earth.