Here is the assignment

1. (5 points) Would you be able to construct a demand curve for Covid19 vaccines in the United States? Please give an explanation. 2. (5 points) Some people have proposed an increase in the minimum wage to at least $15 per hour. What impact would this have on the demand and supply of workers (would the demand and/or supply curve shift or would there be a movement along the curve). Please explain. 3. (5 points) As the U.S. economy opens up and more people get vaccinated, more and more people are travelling within the country. (a) Please explain what will happen to the demand and supply curves for air travel within the United States. If you say demand (or supply) will change, you must explain why it will change. (b) Based on your answer to (a) what do you think will happen to the equilibrium price of air travel? Please give an explanation. 4. (5 points) Price 30 Supply 22 16 Demand 16 Quantity At a price of $22, please calculate the consumer surplus and producer surplus. Show your calculations