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Find a recent newspaper (Internet) headline that clearly shows one of our demand ' determinants (these are the shifters found in my lecture notes
- Find a recent newspaper (Internet) headline that clearly shows one of our "demand' determinants (these are the "shifters" found in mylecture notes) and cut and paste it into your post. (Make sure thesource is cited.)
- Next,statethe determinant(use one of the 5 from my notes).
- Then, tell us if it increases or decreases demand.
- Lastly, once the shift takes place, will the new equilibrium price (Pe) be higher or lower? Will the new equilibrium quantity (Qe) be higher or lower?(Use the graphs) to help you with the direction that P and Q will move.
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