using information from " economics in the news", complete the supply curve graphs.

Economics In The news By MNton Grouper Where Have All the Cabbies Gone at Rush Hour? It seems that New Yorkers have had a bour of work altogether. To be equitable, the peculiar, long-standing dilemma -Invienbs s p.in compromise was instituted instead. disappear by the hundreda right before the In spite of decades of complaints, the 8 p. m. afternoon rush begins. This happens shortage of cabs al rush hour remains, One automatically no matter what time of attempt to encourage more drivers to weak year pe day of the week it is, The tradition during the afternoonrushwas made by theries coutlines in apparent disregard for the laws wood 1 51 aucharge on cab fares beethoven related to the sapply and demand of cabs, and 8 p.m. was imposed to nitempt to Between q and s p.m., which is when the provide a higher anilability of cab drivers cabs change shifts, whole fleets of cusply during that time Is addition, there is a cabe head for the taxi garages, which are rising tread of cabs owned by drivers who now across the East River instead of the coordinate their shift changes in Manhattan West Side of Manhattan. Crossing the to help lessen the impact of the s p.mi back bridge can slow down the cab drivers trying ofcals. to make it to their shift changes in time and To date, the Taxi and Limousine avoid being fined for being tardy Commission in still considering options The taxicabs have to be used by twodrivers for providing available cabs in the late aday, each one working a 12-hour shift, The afternoons, but scheduling to include all 4 to & pm. shift change ensures that each parts of the city is daunting, Therefore, the cab driver gets the benefit of a rush hour, If tradition remains a perennial phenomenon the shift charge happens earlier at a pm.. of New York in spite of desperate office the next driver would start hits shift in the workers' demand for transportation at the early morning hours, missing a good rush end of their workday Using information from "Economics In the News", complete the supply curve graphs. 1) Show the cab market at 2:30 pm 2) Show the cab market at 4:30 pm P