For Question 3, please refer to your graph in Question 2.

(a) Please explain any shifts in the demand and/or supply curves. If the demand and/or supply curve did not shift, please explain why.

(b) Explain what has happened to the equilibrium price and quantity as compared to the equilibrium from Question 1. Are your explanation/findings consistent with the findings from the New York Times article about the increase in egg prices of more than 52% over the past two months?