Problem 2. Read the article (Egg Prices Soar in 2022; Americans Demand Eggsplanation!) posted under the Chapter 3 module. Then, draw a supply and demand graph showing an initial market equilibrium price of $1.92 for January of 2022. a. Shift the demand curve to show the impact of the holiday baking season's arrival in November of 2022. What is the impact on equilibrium price? On equilibrium quantity? b. Continue working with the same graph. Shift the supply curve to show the impact of rising feed prices over the 2022 calendar year. What is the impact on the equilibrium price? The equilibrium quantity? C. Continue working with the same graph. Shift the supply curve to show the impact of bird flu during 2022. What is the impact on the equilibrium price? The equilibrium quantity?

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