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Given the information of a certain good (say chicken), consisting of the quantity of chicken in different prices of its supply and demand, in the

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Given the information of a certain good (say chicken), consisting of the quantity of chicken in different prices of its supply and demand, in the Excel file attached to this assignment. The rows 3, 4, and 5 in the Excel file exhibit the quantity of chicken, the price of chicken demand, and the price of chicken supply, respectively. Please send the soft copy of your assignment to \"M.tavakoli.b@westernsydney.edu.au\" and submit a hard copy in class before 5pm on the due date (09/04/2018). Students should insert their last two student numbers in Cell A1 in Excel to generate their own data, and then answer to the following questions: 1. Draw the demand curve using the quantity and demand data of chicken provided in rows 3 and 4 of the Excel (1 mark). 2. Draw the supply curve using the quantity and supply data of chicken provided in rows 3 and 5 of the Excel (1 mark). 3. Write the demand curve equation of chicken where Y is the dependent variable, b is the slop of demand curve, and X is the independent variable (3 marks). 4. Write the supply curve equation of chicken where Y is the dependent variable, b is the slop of demand curve, and X is the independent variable (3 marks). 5. Calculate the market equilibrium point for Chicken? Determine excess supply area on the figure and explain what the area tells us?(4 marks) 6. What is the opportunity cost of consuming additional one chicken? (2

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