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Consider the market of organic eggs. It now faces two changes: on the one hand, people...

Consider the market of organic eggs. It now faces two changes: on the one hand, people become more concerned about antibiotics in animal feed. On the other hand, due to environmental degradation, hens now lay fewer eggs per day. Based on this information, please answer the following questions:

Question 11: Ceteris paribus, how will these two changes shift the Demand and Supply curves in the organic egg market?

Question 12 : Ceteris paribus, how will these shifts change the equilibrium price and quantity of organic eggs if the shift of Demand curve is greater than the shifter of Supply curve?

Question 13 : What if the shift of Demand is smaller than the shifter of Supply?

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