Q.1 Please review the following video first to deepen your understanding of the concepts of supply and demand before you answer this discussion question.
· 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 demand.
Q
.1
Please review the following video first to deepen your understanding of the concepts of supply
and demand before you answer this discussion question.
·
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 cu
rrent 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 demand.
Q.1 Please review the following video first to deepen your understanding of the concepts of supply
and demand before you answer this discussion question.
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 demand.
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