Posted: November 20th, 2014

Supply and Demand

Supply and Demand

Project description
Find an article about a current event that discusses a change in the supply or demand of a product. For example, has there been a weather event that has affected

certain food crops or the availability of energy? Has a new consumer product been introduced? Or has a government regulation affected the production of a product?

Provide a brief description of the articles content and explain how economics can be used to analyze the situation and predict changes in equilibrium prices and

quantities. Will the change likely persist over time, or is it temporary?

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