Demand

1. Read about the Laws of Demand. What are the 5 factors that can influence demand?
2. Watch ABC News look at Starbux. Summarize into a paragraph the news report's conclusions about the starbux's decline and resurgence .
3.-Search current news articles to find a recent example of 3 of the factors that effect demand for a product.( as explained in the above article.)
- Summarize each current example into 2-3 sentences.
example: The demand for iphones 3G (sales of) has dropped in recent months because of the rumors of the new 4G iphone that have been circulating on internet chat rooms. Rumors abound about a waterproof 4g phone that has a battery with twice the life.