This is the a Discussion assignment- Supply and demand and Hula Hoops

4303 0-534-4257-0 X Chemistry | Science Majors (C X Passcode Required - Zoom X Smartwork5 for Chemist X Chemistry: The Science in Con X + O cture.com/courses/255181/discussion_topics/1794923?module_item_id=9343908 Maps Giveaway Reading Discussions > Module 4 Discussion - Supply and Demand and Hula Hoops ... This is a graded discussion: 10 points possible due Jun 13 Module 4 Discussion - Supply and Demand and Hula Hoops 3 3 Watch the following short clip from the movie "The Hudsucker Proxy" https://vimeo.com/217196552 Create a discussion thread which answers the following questions: How does this movie clip apply to what you have read in Chapter 3? Why does the price of the hula hoop fall at first? How would you describe that in economic terms using the model of supply and demand ? Why does it later rise? How would you describe that in economic terms again? What does this tell you about the free market? Can you think of another product whose price has changed like the hula hoop's did in the movie, for the same type of reason? You also have to make two response posts in the discussion. In your response posts, please share your thoughts on what the initial post might be missing and how that "miss" might effect demand and/or price. Your initial post is due by Wednesday 11:59PM. Your response posts are due by Sunday at 11:59PM. Don't forget your netiquette! Your posts and comments should be thoughtful, respectful, and on topic. Also, your responses and posts should be in complete sentences, and include proper grammar and punctuation. Rules for discussion board posts and the rubric used to grade them can be found in the Discussion Board Instructions and Grading Policy document Subscribe Search entries or author Unread Reply