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1. What insights on human nature may be gleaned from the law of supply and demand? 2. Provided with the following demand and supply schedule of pork, plot a line graph showing the following(1 graph): a. The demand and supply curve b. Area of shortage c. Area of surplus Supply and Demand Schedule of Pork/Week Price/kg. Supply in kg. Demand in kg 160 100 900 180 300 700 200 500 500 220 700 300 240 900 100 3. Presuming prices remain constant, in 2 separate graphs illustrate and discuss the movement : a. what happens to the demand curve if an across-the-board increase in salaries and wages is given by the government. b. what happens to the supply curve if prices of raw materials used in production are lessened because they are in season