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For the discussion, locate a recent (2018 or newer) article that discusses supply or demand changes for a product or service and the impact on
For the discussion, locate a recent (2018 or newer) article that discusses supply or demand changes for a product or service and the impact on price/quantity in the market.Address the following
- What is the product/service being discussed
- State if this is a change in supply or a change in demand (indicate an increase or decrease- and remember that a price change alone doesn't cause a change in demand or supply)along with this draw the diagram of demand and supply.
- Indicate what is causing the change in supply or demand
- Explain what is happening to price and quantity because of the change
- Any other pertinent information
Articles should be from periodicals or newspapers, not web-based only content (ie - WSJ.com is fine, CNN.com is not). Do not use quotes - explain ideas.
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