In February 2022, Abbott recalled powdered baby formula manufactured at their Sturgis, Michigan plant due to potential bacterial contamination (see here). Affected brands were Similac (a standard infant formula), as well as the hypoallergenic formulas Alimentum and EleCare. 1. How does this recall affect the market for baby formula? Please include a supply and demand graph and illustrate the effect of this recall. 2. Similar to toilet paper during the first weeks of the Covid-19 pandemic, consumers reacted to bare shelves by stocking up (see this video for an example). According to market researchers, demand for baby formula had increased by 13% in comparison to before the Abbott recall (as reported here). Explain how this behavior affects the market for baby formula and use a supply and demand graph to illustrate your answer.