Choose one good with which you have had experience purchasing:

o New home
o New car
o Vacation to a theme park
o Washing machine
o Computer
o College
o Other

prepare a 950-to-1050 word paper describeing factors that affect supply and demand. Include the following:

o describe factors that could cause possible changes in supply and demand.
o Determine at least two substitutes there may be for your product.
o Determine at least two complements there may be for your product.
o describe how the necessity of your chosen good impacts price elasticity

Format your paper according to APA guidelines.