Please answer using graphs (marginal cost,marginal benefit, supply,demand). Thanks!

1. Some Economics of Pandemics: For each of the following markets, consider the effects of the COVID-IQ pandemic. Suppose there is a pandemic that is causing individuals to get sick and forcing rms to shut down to avoid contagion. Using simple supply (marginal cost} and demand (marginal benefits) curves explain the effect of this pandemic on each of the following markets/situations. In each market, carefully explain what is changing (e.g., demand/supply, quantity demanded/supplied}, why it is changing (i.e., what underlying factor is changing}, and why. Further, explain any externalities using a social marginal benefit/cost curve. (a) As firms are forced to shut down (to limit contagion), explain what happens in the labour market and how equilibrium wages are affected. (b) As individuals become sick, explain the effect on the health care market (supply and demand for medical services). What are the externalities in this market that may have effects beyond the individuals supplying and demanding these services? (c) Consider the market for fuel. How do the restrictions facing firms affect this market? Explain the externality effects of this change. (d) Consider two labour markets, one for high skilled labour (e.g., white collar) and one for low skilled labour (e.g. service and manufacturing). Explain what will happen with the changes affecting firms in each market. Given the nature of the type of work conducted in each market, which market will be most affected by \"shelter-and-stay\" or \"work-from- home\" orders? What does this imply for the distribution of income between employees in each sector and the prevalence of poverty. (e) Consider the macroeconomy via a diagram of aggregate supply and aggregate demand (i.e., demand and supply for all goods and markets as measured by GNP). Explain how the changes in the labour force and among firms affect these two curves and equilibrium production and prices. What will be the effects of this on GNP