How shifts in supply and demand affect your decision making


Question 1: What causes the changes in supply and demand in the simulation?

Question 2: How do shifts in supply and demand affect your decision making?

Question 3: List four key points from that were emphasized in the simulation.

Question 4: How can you apply what you learned about the concepts of supply and demand from the simulation to your workplace?

Question 5: Determine how price elasticity of demand affects the decision making of the consumer and of the organization.

Question 6: Summarize the results of the assessment.

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Macroeconomics: How shifts in supply and demand affect your decision making
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