Problem
Watch the Vimeo video "Ep. 2: SUPPLY & DANCE, MAN! | Jon M. Chu"
Answer the questions listed below.
1) What is the definition of a market?
2) What is a market force?
3) How does the consumer interest in the canes start?
4) What makes the price go up initially?
5) What is Kristen and Jonathan's motivation for ordering more canes?
6) What are the factors that cause the price of the canes to continue to go up?
7) What causes the surplus?
8) How does the surplus affect the cost of the canes?
9) What are the factors that cause the price of the canes to continue to go down?
10) What is equilibrium?
The response must include a reference list. One-inch margins, double-space, Using Times New Roman 12 pnt font and APA style of writing and citations.