Project on Demand and Supply Shifters This week we have studied several demand shifters (like income, price of complements, price of substitutes) and supply shifters (like price of an input, production technology). For this assignment, I would like you to think of a good and answer the following questions about it. The good could be anything you like. For example, it could be your favorite product or the last thing you purchased or the last product you saw being advertised on TV, etc. Once you have a product, answer the following questions. If you are unable to answer any of the questions for your product then pick a different product. What is the good that you have selected? 1. 2. Do you think this good is a normal good or an inferior good? Explain why you think so. 3. Name one substitute for this good. 4. 5. Name one complement for this good. Name one input used to produce this good