3) Consider the market for beef in the U.S. a) Recent studies show that somewhere between three and fifteen percent of Americans are now on an Atkin's-type diet. This diet is based on increased protein consumption (meats and cheeses) and decreased carbohydrate consumption (pastas and breads). In the context of a supply and demand graph for beef in the U.S., graphically depict the impact of this dietary change. b) Again consider the market for beef in the U.S.. Due to unusual fluctuations in rainfall (droughts in some areas and floods in others), the price of feed corn for cattle has increased significantly in recent weeks. In the context of a supply and demand graph for beef in the U.S. graphically depict the impact of this change in feed corn prices. c) Assume that the changes described in parts a) and b) occur simultaneously. What is the overall impact on the equilibrium price and the equilibrium quantity in the market for beef in the U.S.? You are not required