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Find an article that identifies a change in supply and/or demand. Use the article to fulfill the following instructions and questions:

A. Copy and paste the article into your homework assignment. Be sure and cite your reference for where the article came from indicating the source, author, title, date, and page for the article you have chosen.

B. Find one example in the article of any one of the following four possible shifts of supply or demand: Leftward shift of the supply curve; Rightward shift of the supply curve. Leftward shift of the demand curve; Rightward shift of the demand curve.

Write a short summary addressing the following items:

· What shift occurred in either supply or demand.

· What determinant of demand or supply was changed that caused the shift. Describe the changes in the determinant that have occurred.

· Indicate evidence in the article of whether the market is an international, national, regional, or local market

· Indicate through whom (buyer or seller) the change in the determinant of demand or supply initially affects the market to cause the shift.

Microeconomics, Economics

  • Category:- Microeconomics
  • Reference No.:- M91606936

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