1. Soybeans currently sell at a price of $3/lb. The New England Journal of Medicine recently published an article concerning the cardiovascular benefits of eating soy in every meal. Show how this will affect the price of soybeans. a. label the graph PRICE (y-axis) DEMAND (x-axis) b. label the DEMAND CURVE with a D/label the SUPPLY CURVE with a S c. draw for me the SHIFT that would occur with the above situation; label the NEW SUPPLY CURVE with a S2 d. there are no numbers on your graph but make a point and label it E where the EQUILIBRIUM PRICE WOULD BE SET S NG 06-17 D Quantity