Consider the law of demand and the determinants of demand


Assignment:

Write a paper, or create a PowerPoint presentation using a real world experience in a free market (not government regulated) to describe a change that occurred in supply or demand as a result of world events that led to the need for a move between two equilibrium states. Explain the process of how that movement occurred using behaviors of consumers and suppliers. Graph the movement between the two points as well.

Required Elements:

o Include academic research to support your ideas

o Consider the Law of demand and the determinants of demand

o Consider the Law of supply and the determinants of supply

o Describe Efficient markets theory

o Explain Surplus and shortage

o Deliver the content in no more than a 700-word paper, OR 7- to 10-slide Microsoft PowerPoint presentation (Please choose one of these choices, not both)

 o Use University of Phoenix Material: Appendix A to create graphs illustrating the movement between the two equilibrium points and include this in the body of the assignment.

o //Material Attached//

• Your assignment is consistent with APA guidelines.

Attachment:- Demand.rar

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