Watch the following video clip from Disney's "Frozen".

https://youtu.be/S4m2VymD9k0

"Frozen" is a 2013 movie about Anna and Elsa, sisters and best friends, however Elsa has magical powers that she does not know how to control.The pair are separated as children and when their parents die, are reunited.During the coronation ceremony, Elsa loses control over her powers and freezes the kingdom in the middle of summer.

The clip focuses on Anna, Oaken (the shopkeeper), Kristoff, and his reindeer Sven.

Questions:

1. Select a concept associated withSupply and Demandthat is illustrated by the video clip. There are many examples of supply and demand that are shown in the clip.
2. Please use the information from the video to support an economic analysis or explain the concept that is selected.

Hints:

1. Explain the supply and demand concept that is selected being careful to distinguish between change in quantity demanded or supplied (movement along the curve) versus change in demand or supply (shift of the curve).
2. Also consider the idea of shortage, surplus, and/or equilibrium.
3. Can also use the factors that shift demand and/or supply as a concept illustrated in the clip.
4. Also explain how the concept that is selected applies to the particular segment of the clip you are analyzing.