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 is very important for life on earth. It protects us from harmful UV rays that can have serious effects on biodiversity, animals and peopleâs health, including skin cancer and eye cataract.