Demand and Supply

Page 1 Explain as completely as you can what an economist means by demand (supply) and discuss (this implies that you are able to discuss why the factor causes the shift and explain the direction of the shift …(this can be done in one sentence for each factor) ALL the factors that can shift a demand (supply) curve. How does a change in demand (supply) differ from a change in quantity demanded (quantity supplied)? Explain what happens to Pe and Qe when demand (supply) increases and when demand (supply) falls. Page 2 Select an article FIRST PUBLISHED THIS Term that represents a situation where there is/will be a shift in demand (supply) for some product or service. You MUST ATTACH A COPY OF YOUR ARTICLE or URL. Without it, your paper cannot be graded. Briefly (no more than 1/3 of the page) explains the situation. Then spend most of your time relating the article’s events to at least 1 and more if in the paper of the determinants of demand (supply) you explained on page 1. Be very explicit in identifying the determinant responsible for the curve shift and in explaining why the curve will move as you predict. Do you see demand (supply) rising or falling? As an economist, what impact do you predict this change will have on Pe and Qe? Put this together in a logical progression and be sure to use paragraphs! Below, as an example, you’ll see the headline of an article about the Christmas tree market. You’ll be writing about the article you’ve selected and will include the title and source of your article at the top of page 1. Tips Page 1 choose either demand OR supply (This is BASED upon your article and what you are discussing. The shift you find in the article DETERMINES the focus in Section 1. If your article is a supply-side shift then section 1 must pertain to supply only. If you are describing a shift in demand in section 2 then section 1 must pertain to demand only) define demand; define a change in quantity demanded; explain the factors that shift demand; differentiate between a change in demand and a change in quantity demanded;explain the result of demand increasing and decreasing with respect to equilibrium price and quantity…there ought to be a minimum of 3 paragraphs on page 1…………NO MENTION OF THE ARTICLE SHOULD BE HERE page 2 Now you apply the shift factors you just discussed to the newspaper article be sure to identify the market you are discussing; identify the shift factor that is changing…explain how the newspaper article implies which shift factor is changing (DO NOT QUOTE THE ARTICLE) Discuss which direction the curve is moving and what is happening to the equilibrium price and quantity Demand and supply CANNOT be high, low, strong or weak these are RELATIVE terms meaning they require a comparison…remember demand and supply curves either Increase or decrease or remain stationary.

Place your order
(550 words)

Approximate price: $22

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
$26
The price is based on these factors:
Academic level
Number of pages
Urgency
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more