The table below shows demand and supply schedules in the market for eggs, which is presumed to be a constant-cost industry. (2) (1) (3) Quantity Demanded Quantity Supplied Price ( thousands of cartons per |( thousands of cartons per (S per carton) onth) month De 5. 60 42 B2 4.75 52 72 62 62 4. 25 72 52 4. 96 82 42 a. Draw a graph showing the demand and supply curves Do. Dj. So. and $1. Flat only the endpoints of each curve using the given tools. Plot a total of 8 points below. O Demand and Supply Curves for Eggs TOD's Ch Price ($ per carton) 0 20 30 40 50 60 70 80 90 Quantity (thousands of cartons per month) b. Suppose demand in this market shifts from Do to Di so that quantity demanded is 20.000 cartons fewer at every price than before. What are the new equilibrium price and quantity? The new equilibrium price and quantity are s Will wil thousand cartons Egg farmers are now making an economic [ Click to Belego) MI c As a result of change in demand outlined in part bithe supply of eggs will shift to supply curve $1, associated with a new long-run equilibrium. What are the new equilibrium price and quantity