Read the news below. Using diagrams, illustrate what changes in price and quantity would be expected in the following markets under the scenarios given:

a. Eggs: Last year in the U.S., deadly avian flu wiped out a significant number of egg-laying hens. As of early December 2022, there were about 308 million hens laying eggs for consumption, down from approximately 328 million in December 2021, according to the US Department of Agriculture.

b. Air travel: On May 1, 2023, a Cessna 206 light aircraft with seven people on board crashed in the jungle in the Caquet Department of Colombia. This accident once again raises public concerns about flight safety, and causes travelers to shy away from air travel.

c. Rail travel: On May 1, 2023, a Cessna 206 light aircraft with seven people on board crashed in the jungle in the Caquet Department of Colombia. This accident once again raises public concerns about flight safety, and causes travelers to shy away from air travel.