G a docs.google.com C = 11111 - Google Docs How do I embed an image in a discussion reply as a... - Instructure Community 11111 * 9 0 6 Share e File Edit View Insert Format Tools Extensions Help Last edit was seconds ago 100% Heading 3 Arial - 14.5 + B I U A. A 31 1 1 . 2 1 1 1 5 1 1 1 6 This week you have learned how to build a supply and demand diagram, what factors influence supply and demand and how prices adjust as a result. This Find in document v X week you will research a recent news article (from within the past 6 months) that describes a market that has experienced a change in supply or demand. Once you have chosen and read your article, please post your response including the following (be sure to include all of the three elements below, with responses to the questions in full and complete sentences, for full credit). 1. Briefly describe the market covered in your article, the specific shift factor that influenced the market, and whether the change affects supply or demand. Ex: The article I selected is "Researchers Announce Eating M & M's Cures Baldness!" This describes an impact on the market for M & M's. This new research will likely lead to an increase in demand of M&M's as a result of a change in tastes and preferences. More individuals will want to buy M&M's now that they know it can cure baldness. 2. Use the graphing template (or your own graphing strategy) to create a diagram that demonstrates your market before and after this change. Label everything clearly on your graph including title (the name of the market), all axes, curves, equilibrium, clearly designating he "before" and "after." For example, if you were demonstrating an increase in supply, you would have two supply curves, supply (before), and supply (after). You may label equilibrium points e: and ez. Check out the sample graph attached below. 3. If your market can adjust to this impact, describe how equilibrium price and quantity change as a result? How To Graph First, click on this link: www.tinyurl.com/graph-grid AWN Links to an external site. + and copy the graphing template. (If you aren't sure how to do that, see the Graphing Template page in the Resources For The Quarter to learn how) 5 . Next, create a graph with the following elements included and labeled: o Title: Name of Market X-axis: Quantity o Y-axis: Price Downward sloping line: Demand (label the curve) o Upward sloping line: Supply (label the curve) Label the equilibrium (E1) point. Label new equilibrium (E2) 6. Finally, save your graph as a jpeg (File------Download-------JPEG) 7. Insert image within your discussion response. Not sure how to do that? Learn how to embed your image Price M&M Market Supply e2 e1 Demand 2 Demand +