Question
I need an news articles from the Internet that illustrate a shift in supply and/or demand. SPECIFICALLY, AN ARTICLE THAT DESCRIBES ONE OF THE FOLLOWING
I need an news articles from the Internet that illustrate a shift in supply and/or demand. SPECIFICALLY, AN ARTICLE THAT DESCRIBES ONE OF THE FOLLOWING TWO GRAPHS:
Graph A:When one or more of the determinants of demand (see above) changes such that thedemand for good increases, that shows that consumers are willing to pay more for all possible quantities of the good. The upward shift in the demand curve causes anincreasein price. Suppliers respond to the higher market price by bringing agreaterquantity supplied to market - recall the Law of Supply.
Graph D:When one or more of the determinants of supply (see above) changes such that thesupply for that good decreases, the supply curve shifts inward, showing the suppliers can bring fewer products to market at higher prices for all possible quantities. Thiscausesanincreasein price, and demanders are willing to buy alesserquantity demanded - recall the Law of Demand.
The article(s) must be recent (within the last six months), and MUST NOT be from an encyclopedia or reference website that discusses demand and supply. b. DO NOT use blogs. The best articles are about changes in the price and/or sales of a particular product. Or about the changes in the costs of production or of inputs that impact the supply curve. You then have the opportunity to demonstrate your understanding of supply and demand shifts as you explain the changes in price and quantity experienced by the product you choose. Illustrates the shift that you identify by describing the change in price and the change in equilibrium quantity.
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