uestion 15 3 points figure to support your answers. Over the past year during the Pandemic, there has been substantial impacts on the market for masks. Please answer the following questions, assuming the market for masks satisfies the conditions for being a competitive market. You are welcome to use a supp a) Back in April of 2020 when most states started mandating masks, explain how this impacted the mask market in the short-run (say over a period of a couple of weeks to a month). Specifically, what side of the market was "shocked" and what impact did this ha and quantities? b) As the pandemic continued and the mask mandates remained, explain how the market for masks adjusted over the long-run time horizon. Specifically, apply what we learned about long-run market dynamics to discuss how prices adjusted in the market and w c) Currently, many states have removed the mask mandates. Explain how this will now impact the mask market in both the short-run, and in the long-run as the market continues to have ample time to adjust. For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac) BIUS Paragraph Arial 10pt Ev E X2 X2 STT O WORDS POWER P