Think about a good or service for which you believe there has been a shift in demand or supply. Explain the reasons behind the shift and how that has influenced the equilibrium price.
Background This asks you to synthesize what you’ve learned in the second half of the course–Weeks 4, 5, and 6–and to apply the concepts from the
Background This asks you to synthesize what you’ve learned in the second half of the course–Weeks 4, 5, and 6–and to apply the concepts from the course to the world around you. You can, of course, use what you’ve learned in the first half of the class, but remember