There is constantly a shift in supply and demand curves and markets are never at equilibrium. As a result, there is no purpose of the concept of equilibrium.” Do you agree/disagree with this statement. This seems to be an essay type question, can you give some insight or structure?

Brick and mortar retail stores were particularly hard hit by the pandemic and several large chains went bankrupt. Others survived by developing or switching to online sales platforms and developing systems like a curbside pickup. Using the lessons of supply and demand analysis, and in particular, the discussion of demand and supply shifters, answer the following and explain your answer: 1) Do these innovations affect supply or demand, imposing the “all else constant” assumption (the only one can be affected). 2) Identify the shifter. 3) Which direction does the curve you identified shift and why? 4) Describe what happens to price and quantity at the new equilibrium.

Explain as completely as you can what an economist means by supply?

pls, solve this ques within 10-15 minutes with clear explanations and also explain why other options are wrong I'll give you multiple upvotes.

help please answer in text form with proper workings and explanation for each and every part and steps with concept and introduction no AI no copy paste remember answer must be in proper format with all working

In each problem, you must explain the scenario’s effect on the market. If the quantity supplied or the quantity demanded changes, state how (increase or decrease). If instead, the scenario meets one of the criteria above, indicating there is a shift. If one of the curves shifts, state why and the direction it shifts (left or right). You should then state the effect on price (increase or decrease)..⦁   You are a wheat farmer. Locusts attack your wheat.                  ⦁   Price of gasoline goes up. You own a gas station.                  ⦁   The price of corn goes up. You normally plant soybeans.                     ⦁   The price of peanut butter goes up. You sell jelly.       ⦁   Your patent runs out on your popular and necessary drug.              ⦁   Amazon has picked your small town to be their new worldwide headquarters.        ⦁   The country is going into a recession. You sell jewelry.          ⦁   The price of TVs just decreased by 20%.                     ⦁   Your product was…

Please answer. Thank you