During the pandemic, children have been spending a lot of time at home, rather than school, while parents have tried to work from home, too. (Every part requires a graphical model.)

a)Holding all else constant, how do you think this situation affected the markets for peanut butter and peanuts? Explain very briefly.

b)Holding all else constant, how do you think the change derived in part a affected the market for peanut workers?

c)Holding all else constant, how do you think the pandemic affected the labor market behavior of peanut workers?

d)Considering both b and c, and holding all else constant, what do you think probably happened to employment and wages in the market for peanut workers during the pandemic?