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Instruction: Apply the concept of Demand and Supply to a product in your community. Look around in your community and inquire about prevailing prices of

Instruction: Apply the concept of Demand and Supply to a product in your community. Look around in your community and inquire about prevailing prices of consumers goods. Find one product that interests you most. Try to inquire about the demand and supply for this product. If you have done this: a. Construct Market Demand and Supply Schedule b. Provide short description about the good or product and what made you decide to choose this product or good. It should be between 50-100 words. c. Provide a short explanation about the market demand and market supply of the product. It should be between 50-100 words.

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