Using the supply and demand graphs found in the “Doc Sharing” tab:
Find a news article or other illustration on the Internet of a shift in supply or demand. The article must be recent (within the last six months), and MUST NOT be from an encyclopedia or reference website that discusses demand and supply. The best articles are about changes in the price and/or sales of a particular product. You then have the opportunity to demonstrate your understanding of supply and demand shifts as you explain the changes in price and quantity experienced by the product you choose. RECOMMENDATION: READ THE SAMPLE PROJECT.
Summarize the article. (Do not quote the article, but explain it as if you were telling someone about it.)
Explain which graph in our collection – A, B, C, or D – illustrates the shift that you identify by describing the change in price and the change in equilibrium quantity.
Provide a full URL link to the article along with an APA-formatted reference to the article at the bottom of your submission.
Important: This is a Microeconomic course. Do not choose an article discussing Macroeconomic issues: Inflation, unemployment, trade deficit, government budget deficit, etc.
