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For Question 1, graphically depict the demand and supply in the market for battery materials in 2022 (prior to the changes described in the article)

For Question 1, graphically depict the demand and supply in the market for battery materials in 2022 (prior to the changes described in the article) and label the equilibrium price and quantity. Label the horizontal and vertical axes. Assume that the demand curve is downward-sloping and the supply curve is upward-sloping. Label the 2022 supply curve as S0; the demand curve as D0; the equilibrium price as P0; and the equilibrium quantity as Q0

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