Question
Can anyone help? I need a news article that IMPLICITLY describes a shift in the supply curve or the demand curve. In other words, the
Can anyone help? I need a news article that IMPLICITLY describes a shift in the supply curve or the demand curve. In other words, the article MUST NOT directly say which graph to use. For example, inappropriate articles would be the ones with titles like "demand is short," "excess supply," "high demand," and so on. Instead, the headings must be about changes in prices and/or sales. The article must be recent (within the last six months) and MUST NOT be from an encyclopedia or reference website that discusses demand and supply. DO NOT use blogs. Use well-established business websites like "google.com" or "yahoo.com."
The best articles are about changes in the price and/or sales of a particular product. You then have the opportunity to demonstrate your understanding of supply and demand shifts as you explain the changes in price and quantity experienced by the product you choose.
Explain which graph illustrates the shift that you identify by describing the change in price and the change in equilibrium quantity (remember the difference between a change in quantity and a change in the position of the curve
Some articles may describe a situation where both curves shift. This is not common, but it is possible.
The article must not have a direct illustration of a demand/supply increase. Please select an article that does NOT explain how a demand increase (or another shift) explains something. The kind of shift involved has to be suggested by you, not the article itself.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
![blur-text-image](https://dsd5zvtm8ll6.cloudfront.net/includes/images/document_product_info/blur-text-image.webp)
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
![blur-text-image](https://dsd5zvtm8ll6.cloudfront.net/includes/images/document_product_info/blur-subtext-image.webp)
Step: 3
![blur-text-image](https://dsd5zvtm8ll6.cloudfront.net/includes/images/document_product_info/blur-subtext-image.webp)
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started