Question
Read the NYTimes article titled Why eggs cost so much from Moodle and answer the following questions. 1. Read the first chart that shows the
Read the NYTimes article titled "Why eggs cost so much" from Moodle and answer the following
questions.
1. Read the first chart that shows the monthly price of a dozen eggs. Roughly estimate an average price for the years 2015 " 2020 by visualizing the chart. Draw supply and demand of eggs between 2015 " 2020 and label the price you determined.
2. Read the paragraph on "inflation" and read the corresponding chart. How do you think supply and demand for eggs would change compared to the previous graph? Draw it below. Explain why
you moved/shifted the curves using a few sentences on the side.
3. Now, redraw the same graph you drew before, but incorporate the changes you think would happen to demand and supply due to avian flu. Read the "avian flu" section of the article to draw insights. Explain the curve movements on the side using a few sentences.
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