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The table below shows demand and supply schedules in the market for eggs, which is presumed to be a constant-cost industry. (2) (3) (1) Quantity Demanded Quantity Supplied Price (thousands of cartons per | (thousands of cartons per ($ per carton) month) month) De 5.08 se 1.75 4.se 70 4.25 g8 a. Draw a graph showing the demand and supply curves Do. D1. So. and S;. Plot only the endpoints of each curve using the given tools. Plot a total of 8 points below. Demand and Supply Curves for Eggs Tools Price ($ per carton) 30 40 50 60 70 80 90 Quantity (thousands of cartons per month) b. Suppose demand in this market shifts from Do to Dj so that quantity demanded is 20.000 cartons fewer at every price than before. What are the new equilibrium price and quantity? The new equilibrium price and quantity are $ ] and | | thousand cartons Egg farmers are now making an economic | (bick a two) vy C. As e result of change in demand outlined in pert b. the supply of eggs will shift to supply curve S1, associated with a new long-run equilibrium. What are the new equilibrium price and quantity? The new equilibrium price sno quantity are sol thousand cartons gg farmers are making on economic profit of son