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Suppose D0D0 and S0S0 are the initial demand and supply curves for natural gas

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Suppose D0D0 and S0S0 are the initial demand and supply curves for natural gas. P∗0P0∗ and Q∗0Q0∗ are respectively the initial equilibrium price and initial equilibrium quantity in the market for natural gas. Suppose a new technology reduces the cost of extracting natural gas. Using comparative statics, analyze how the equilibrium price and equilibrium quantity in the market for natural gas will change as a result of this new technology. Be sure to illustrate your answer with a graph.