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Headlines That Change Supply and Demand Last Tuesday in class and in the notes, I went over the determinants of Supply and Demand. Basically, what

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Headlines That Change Supply and Demand Last Tuesday in class and in the notes, I went over the determinants of Supply and Demand. Basically, what could make supply and demand increase or decrease. There are ve determinants for demand and six determinants of supply. This week, you are going to put some thought into how these determinants work. You are going to pick a product {pencils computers, iPhones, whatever} and then write a newspaper headline for each of the eleven determinants and then say what you think that headline will do to supply or demand. For example: Determinants for Demand #5 Expectations: Irll'itpple to Reduce the Cost of iPhone 10 to Try and Improve Sales\" This will create a short term decrease in demand for the iPhone it], as people will be waiting for the reduced cost to buy. ISince the price is reduced, there will be an increase in demand. You must do all eleven of these. They do not have to be real headlines. You can make them up. Let me know if you have questions so I can help

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