https://www.newsmax.com/Finance/streettalk/egg-producer-supplies-prices/2019/09/30/id/934937/

A demand curve is a graphical representation of how much of a good or service households will want to buy at different prices. A supply curve is a graphical representation of how much of a good or service a firm is willing to sell at some specific price. The intersection of the demand and supply curve is called equilibrium. First, briefly explain the laws of supply and demand. In doing so, be certain your answer includes an explanation of the relationship between price and quantity for goods that are substitutes and for goods that are compliments; Next, briefly distinguish the difference between a movement along a curve and a shift of the curve. In doing so, be certain to list in your answer the factors shifting the demand curve as well as the factors shifting the supply curve. Then, briefly explain the relationship between price and quantity above the equilibrium price, and the relationship between price and quantity below the equilibrium price. In doing so, be certain your answer includes an explanation of the two separate conditions that result from each relationship to their related market inefficiencies. Next, looking at the data in each of the following schedules, label the corresponding schedule either "Demand Schedule" or "Supply Schedule." Schedule 1.1: Price of ESES Quantity of Eggs (per dozen) (dozen $6.00 10 5.00 8 $3.00 4 $2.00 2 $1.50 1 Schedule 1.2: Price of ERES. Quantity of Eggs (per dozen) (dozen $8.00 5.00 2 $3.00 4 $2.00 $1.50 10 Lastly, briefly discuss the following article focusing on one area of inquiry related to supply and demand. Biggest US Egg Producer Plunges As Supplies Soar And Prices Drop http:://www.newsmax.com/Finance/ streettalk/ess-produ supplies-prices/2019/09/30/id/934937/