Answer
The supply of cattle hides will decrease, the price of hides will increase, the supply of leather goods will decrease, and the price of leather goods will increase.
Work Step by Step
The supply of cattle hides will decrease because they are being burnt; the prices of the remaining hides will increase because the supply of cattle hides will be less because they were burnt; the supply of leather goods will decrease because of the fall in supply of cattle hides, which is required to make leather; and because less leather is being produced than normal, the price of leather goods will increase.
