Econ

Shift in Supply & Demand: Choose a commodity (a good or a service) that you are familiar with and discuss how and when demand and supply have changed (shifted) for this commodity. Provide examples of historical or current events where market demand and market supply for that commodity have shifted significantly, and state the factors that you believe have caused the shift in supply and/or in demand.

Concept-focused Post 

Create a descriptive post (300 words min) to explain at least one of the economic concepts listed below, support the description with an example.

  • Law of demand
  • Law of supply
  • Demand determinants
  • Supply determinants
  • Market equilibrium
  • Elasticity of demand
  • The relationship between total revenue and price elasticity of demand
 
"Looking for a Similar Assignment? Get Expert Help at an Amazing Discount!"
Looking for a Similar Assignment? Our Experts can help. Use the coupon code SAVE30 to get your first order at 30% off!

Hi there! Click one of our representatives below and we will get back to you as soon as possible.

Chat with us on WhatsApp