Find an article online illustrating a change in equilibrium price or quantity in some market within the past six months. It doesn't matter what product is involved, but you should avoid advertisements (they generally don't contain enough useful information) and don't look at the stock market or commodity market unless you have a very good understanding of finance. A good place to start is Google news. Look for an article that discusses a current change in price. Link to the article. Explain why the price and/or quantity changed. Refer to any supply or demand determinants that changed and/or quantity supplied or demanded. Graph the market. Create and upload your supply and demand graph. Make sure it is properly labeled. You can use any program you'd like or graph by hand and upload a picture. Answers Market: Article: Identify the determinant(s) and explain the shift in market equilibrium Graph
Find an article online illustrating a change in equilibrium price or quantity in some market within the past six months. It doesn't matter what product is involved, but you should avoid advertisements (they generally don't contain enough useful information) and don't look at the stock market or commodity market unless you have a very good understanding of finance. A good place to start is Google news. Look for an article that discusses a current change in price. Link to the article. Explain why the price and/or quantity changed. Refer to any supply or demand determinants that changed and/or quantity supplied or demanded. Graph the market. Create and upload your supply and demand graph. Make sure it is properly labeled. You can use any program you'd like or graph by hand and upload a picture. Answers Market: Article: Identify the determinant(s) and explain the shift in market equilibrium Graph
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Transcribed Image Text:Instructions
Find an article online illustrating a change in
equilibrium price or quantity in some market within the
past six months. It doesn't matter what product is
involved, but you should avoid advertisements (they
generally don't contain enough useful information) and
don't look at the stock market or commodity market
unless you have a very good understanding of finance.
A good place to start is Google news. Look for an
article that discusses a current change in price.
Link to the article.
Explain why the price and/or quantity changed. Refer
to any supply or demand determinants that changed
and/or quantity supplied or demanded.
Graph the market. Create and upload your supply and
demand graph. Make sure it is properly labeled. You
can use any program you'd like or graph by hand and
upload a picture.
Answers
Market:
Article:
Identify the determinant(s) and explain the shift in
market equilibrium
Graph
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