2. Read the following article: Sriracha Shortage Is Taking Some Spice Out of Life.¹ Use the Supply and Demand model to explain how the event(s) in the article affected the market of "Sriracha." Your explanation must include a graph. Note: If you state that demand, supply, or both curves shift, make sure to specify which shifter led to that change. See Sample (located in the Overview page) to use as a guide for this question. Also, your graph can be computer or hand drawn.

2. Read the following article: Sriracha Shortage Is Taking Some Spice Out of Life.¹ Use the Supply and Demand model to explain how the event(s) in the article affected the market of "Sriracha." Your explanation must include a graph. Note: If you state that demand, supply, or both curves shift, make sure to specify which shifter led to that change. See Sample (located in the Overview page) to use as a guide for this question. Also, your graph can be computer or hand drawn.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

2. Read the following article: Sriracha Shortage Is Taking Some Spice Out of Life.¹
Use the Supply and Demand model to explain how the event(s) in the article affected the
market of "Sriracha." Your explanation must include a graph.
Note: If you state that demand, supply, or both curves shift, make sure to specify which shifter
led to that change. See Sample (located in the Overview page) to use as a guide for this
question. Also, your graph can be computer or hand drawn.

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