Question 2: Supply, Demand and Government Interference This Chart represents the supply and demand for bread in a certain country right now. $3.60 Supply and Demand for Bread $3.50 $3.40 $3.30 Price per Kilogram 53.20 $3.10 $3.00 $2.90 11.0 11.5 12.0 12.5 13.0 13.5 14.0 14.5 15.0 15.5 16.0 16.5 17.0 Quantity (Millions of Kilograms) Demand -- - Supply Part a: Right Now, what is the price of bread in Dollars per kilogram? How can you Tell Part 2: A politician promises that if elected he will pass a law to limit the price of bread to $3.00 per kilogram with stiff penalties for anyone who sells bread at a higher price. If he wins and passes the law, what would you expect to happen? Please mark the graph to illustrate your conclusion and give some approximate numbers. Page 6