Price of 6lb Chicken Average price of Year inclusive of pluck and Chicken per lb gut 2018 7.16 55.31 2019 7.27 56.35 2020 7.33 57.15 2021 7.14 56.26 2022 8.57 66.25 iii. Using a graph, assuming that the price of turkey (a chicken substitute) remains the same at $7.00 per lb, illustrate and explain the possible effects on: 1) the demand for chicken if the price of chicken continuously increases; 2) the demand for turkey as the price of chicken continuously increases. iv. While the average price per lb for chicken is $8.57 in 2022, some poultry owners are charging $9.50 per lb to consumers. Explain two strategies that the government can implement to ensure that prices do not rise above a certain level in the future