,Arialor similar, with 1 inch margins. Be sure to save your file as a .doc or .docxfile and useAttach Files to upload it here. Remember toSubmitonce you have uploaded the file. I cannot grade files that have not be submitted.

Please read the instructions as failure to follow the instructions will result in a "0" grade:

an internet search for an article about recent market activity that demonstrates how the interaction of supply and demand have affected the market price and quantity of a good or service. Specifically,and this is what you will be graded on:

1. Linked belowis a file titled "How to Analyze Supply and Demand Problems" and contains 11 steps to analyze a supply and demand problem. Go through this presentation so you understand the steps (you can run the slides as an animation in PowerPoint).

2. Walk through the 11 steps in analyzing your article scenario.Make sure you check your analysis with Table 3.3 in the text.

3. Also, initially provide a short summary of your article along with a link to the article.

So begin your response with an overview and then post in the 11 steps (below) and write a analysis after each step. The steps are:

1. What is the starting situation?
2. What is the change in the situation?
3. Does it affect Demand or Supply?
4. Has it caused a movement along the curve, or a shift of the curve? (movement is caused by a price change and shift is caused by OTHER factors))
5. If it is a movement, is it up, or down the curve?
6. If it is a shift of the curve, did the curve shift to the left or to the right?
7. What reaction did this cause in the other curve?
8. What is the final change in the equilibrium point?
9. Is the final price higher, or lower?
10. Is the final quantity higher, or lower?
11. Answer any special questions.

Just copy and paste these 11 steps and answer each step.You must use this template otherwise you will not get credit for the assignment.I strongly recommend that you draw the model and shift the curves as appropriate to make sure you are working the mode correctly.No graphs please