Changes in Supply and Demand

For Term Paper #1 you are required to pick a product or service you use in your everyday life and describe the market for this product. Please make sure to address the following questions:

1. What factors influence the demand for this product? What factors influence the supply of this product?

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2.How have these changes in supply and demand affected the equilibrium price of this product?

3.Do you anticipate any changes to the demand and/or supply of this product in the near future? If so, what is driving these changes?

Complete this essay in a Microsoft Word document in APA format. Your work will automatically be submitted to Turnitin for plagiarism review. Please note that your essay needs to have a minimum of 700 words and a maximum of 1100 words.For more information on Changes in Supply and Demand read :https://en.wikipedia.org/wiki/Supply_and_demand

Changes in Supply and Demand

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