Wednesday, December 19, 2012

Supply and Demand

Find a product/ stock /or service where the forces of supply and demand are at work. You can google key words like; "demand drops (or increase.) for..", "supply increases..." , "competition increases for.....".Then explain the following:
1. How have the forces of supply and demand been at work?
2. How has the price been effected?
3. Has this been good or bad for consumers?
4. What ,if any, role has the government played in the situation ?

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