For the next situation, of a hypothetical market, build a generic graph. The charts are made using Excel by selecting the Insert Charts Line icon and will present a narrative analysis of the market indicating what happens to the demand curve, the supply curve, the quantity and the price in equilibrium. It starts with the intersection of the demand and supply curves to establish the initial break-even point. Then identify which curves must be moved to find the point, price and quantity of the final equilibrium by comparing it with the initial one and how the possible adjustment occurs in the market.

Situation:

The factor costs of canned goods have been significantly affected as a result of war conflicts in oil-exporting countries, simultaneously with society's need for more canned goods.

The data to make the graphs must be designed by you, but you can use the data presented in class as a reference. One point they must evaluate is the relationship of demand and supply in the presented situation with their movements. That is, how the market has been affected, whether the movement of demand was to the left or to the right, and similarly the behavior of supply was to the left or to the right, using the details of the course. Therefore, you must have for that matter your graphs and analysis; in total there must be at least three to four curves per graph, as applicable, corresponding to the original demand and supply graph and the new demand and/or supply curves by moving the corresponding one to the right or left as applicable.