Please read the directions and draw a correct labled graph from 1 to 7

0 Graphs must be completely, thoroughly, and perfectly labeled. No exceptions. a You may use your textbook or other resources to help you draw quality graphs. 6 REMINDERS FOR GRAPHING: -Title the graph on the top and middle of the field -Label the X & Y axis clearly -Label every curve at the RIGHT end of the line -Label ALL intersections with a dashed line -Labe| ALL intersections on the X & Y axis with appropriate symbols (i.e. P & Q) -When shifting a curve, use an arrow to show the change in the field and on the axes -When the values on either or both axes change, use a subscript to show values changing (i.e P1 & P2) -Use lined notebook paper, dark blue and/or black ink pens, follow the "Post-It" note rule (all graphs larger than what would fit on a standard Post-It note) Market Factors and Market Failure 1 2 3 4 5 6 7 . A side-by-side competitive factor market and firm in equilibrium. . A side-by-side competitive factor market and firm showing an increase in supply of labor in the market. . A side-by-side competitive factor market and firm showing a decrease in the price of the product these workers are making. . A monopsony factor market in equilibrium with deadweight loss shaded. . A Lorenz Curve showing an increase in income inequality over time. . A market for a product which produces a positive externality with deadweight loss shaded. . A market for a product which produces a negative externality with deadweight loss shaded