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Would the supply and demand curve increase or decrease? Much of our retail economy is based on trade with imports providing many of the goods

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Would the supply and demand curve increase or decrease?

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Much of our retail economy is based on trade with imports providing many of the goods we purchase regularly. Read the two recent articles and then post your analysis for 1}I the long-haul trucking labor market and 2) the retail goods market. For each market, employ the theory of supply and demand. Support your analysis with a graphical supply and demand model for each market. Recall that the analysis begins by identifying the factorls) that shift the demand and/or supply curve. The shift will result in a new equilibrium from which you can predict changes in price and quantity. Does the information in the articles support your theoretical predictions? Drawing may be easier in MS Word, so you may attach your response. Articles Paris, C., & Page, P. {2021, April 14). Ship Iogjam at California ports is easing after March import deluge. Wall Street Journal. Smith, J. [2021, April 14). Tmcking companies boost pay in hunt for drivers as demand surges. Wall Street Journal

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