DEMAND Show the following effects on four graphs of demand for bacon. Indicate if and how price and quantity have changed. 1.) Doctors change opinions yet again, announcing bacon is good for you. 2.) Eggs (a complimentary good for bacon) decrease in price. 3.) Bacon decreases in price. 4.) Bacon is considered a 'normal' good and consumer incomes rise. SUPPLY Show the following effects on four graphs of supply for dried pasta. Indicate if and how price and quantity have changed. _.I"'_'''-"'' 5.) The price of wheat has increased. 6.) The price of dried pasta has increased. 7.) The number of competing sellers has increased. 8.) The tax rate on food production has increased. EQUILIBRIUM Show the following effects on four supply and demand models for eggs. Indicate if and how price and quantity have changed. 9.) Improvements to supply chain technology means eggs are delivered faster, with less breakage. 10.} In an effort to help customers, the government enforces a price ceiling on eggs. 11.) Doctors change opinions yet again. announcing bacon (a complimentary good for eggs) is bad for you. 12.) There is an increase both in the population of consumers. and number of egg producers. -QD -Qs QE DEMAND SUPPLY EQUILIBRIUM MODEL MODEL MODEL