Topic: Supply and Demand Global events can often have a significant impact on the supply and demand for products both domestically and globally. As of March 2022, the world is experiencing a shortage in semiconductor chips. This is in part because of COVID, but exacerbated by the Russia/Ukraine War because Ukraine supplies about of the world's neon gas, which is used to produce semiconductor chips. In this discussion you will be identifying how this has and/or will affect the supply and demand for a product both in the US and globally. Pick a product for which you can personally relate. Include each of the following and label each by number as shown below: 1. Identify product. 2. Identify how the shortage of semiconductor chips has affected the supply curve, the demand curve, or both. 3. Identify the type of impact to supply and demand (i.e. does this cause a movement along the curve, or a shift in the curve and what is this called). 4. Identify the overall impact to equilibrium quantity and equilibrium supply when supply and demand are impacted. 5. Is there a difference between the affects in the US versus globally? 6. Has the impact on supply and demand affected you personally? If so, how