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Find a current news story (within last 2 months) from a reputable news source, that you find interesting and do the following: Provide a brief
Find a current news story (within last 2 months) from a reputable news source, that you find interesting and do the following:
- Provide a brief summary of the event, and
- Use the supply and demand model to analyze at least one aspect of the event or connection to the event.
For example, suppose I summarize a story on increased crime in a community and then connect to supply and demand by analyzing what impact this would have on demand for security devices and law enforcement officials. I would anticipate an increase in demand for security devices, leading to higher equilibrium prices and quantities within this market.
Be sure to include a citation for your new story.
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