Apply economic theory in the analysis of market data to characterize demand for a particular good or service.

1. Introduction and Market Definition. Clearly describe the good or service and the geographical boundaries of the market.

2. Show price and quantity information for each of the last 5 years. The specific numbers, please.

3. Identify and Describe Shifts in Demand. Identify significant non-price determinants of demand, and how changes in those have affected demand for the good/service. How has demand shifted over the past 5 years?

4. Identify and Describe Shifts in Supply. Basically do for supply what you did for demand.

5. Conclusion, including linking the identified shifts in demand and supply to changes in price and quantity