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However, if you create any graph(s) using software, please put a note under each graph that you crea saying that you created it and please
However, if you create any graph(s) using software, please put a note under each graph that you crea saying that you created it and please state what software you used, so I know the graph is original. Include any graphs or charts at the end of your written response and refer to them in the text. Make sure you answer the topic question(s) from an economic perspective. Briefs need to be submitted through Dropbox in D2L under the appropriate folder by the deadline listed above; briefs submitted lat will be accepted up to 24 hours after the deadline listed above and will only be worth a maximum of 10 points out of 150. Brief situation and question: Assume in a simple example that two changes occur simultaneously in an economy which produces "Good X". . The economic changes that occurs in the market are: 1) An increase in the number of seller/producers in the economy who make "Good X", and 2) An increase in the number of consumers who purchase "Good X". Assume that this is a competitive market, what will happen to the market selling price and the market quantity that is bought and sold in the market for "Good X"? Finally, please cite an example from the news of a current event in real life that relates to the one of the economic changes occurring (i.e. an increase in the number of consumers in the market or an increase in the number of sellers/buyers in the market) affecting "Good X" above, and be sure to explain why it relates. View as Text MacBook Air
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