1. Review the following news article excerpt: "The labor crunch at restaurants nationwide probably won't let up anytime soon. That's according to the National Restaurant Association. which released its 2022 State of the Restaurant Industry on Tuesday. The report found that roughly half of restaurant operators expect that recruiting and retaining workers will be their biggest challenge this year. The report is based on surveys of 3,000 restaurant operators and 1,000 adult customers conducted in November and December 2021. Seven out of 10 operators reported not having enough employees to support demand at their restaurants, and the majority said they don't anticipate the labor situation to improve in 2022. Beyond labor, restaurant operators are concerned about higher-than-normal food and occupancy costs the majority of operators surveyed said they think it will be at least a year before these challenges subside. (Source: "Restaurants still can't nd enough empl_oyees and it's probably not getting better anytime soon :- " by Business Insider, 2. Explain how this event would impact Demand, Supply. or both curves in the market of restaurant services? A. Was Demand, Supply, or both curves affected? B. Did it increase, decrease, or no change? C. What specic shifter (of Demand, Supply, or both) did the shifting? D. How was equilibrium Price and Quantity affected after the shifting