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).
This stratospheric ozone layer prevents the Sun's harmful, high-energy radiation from reaching Earth's surface. Ozone in the stratosphere is constantly being created and destroyed by the action of light and photochemistry.