11 Jul First, go to the internet and find a news article from 2017-2018
First, go to the internet and find a news article from 2017-2018 that discusses changes in demand and supply of particular goods or service. Provide a link to the article selected.Next, summarize and explain key points of the article using specific economic vocabulary we learned this week. For example, incorporate into your initial posts terms such as demand, quantity demanded, determinants of demand, shifts in demand curve, and other economic terms, etc. Likewise with supply. Also you should discuss changes in equilibrium quantity and equilibrium price, elastic and inelastic responses. The article you choose may not use these exact terms; therefore, it is incumbent upon you to convert the article language into economic language as is appropriate.
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