What factors influence the demand for the product


Paper Assignment

For Term Paper you are required to pick a product or service you use in your everyday life and describe the market for this product. Please make sure to address the following questions:

a. What factors influence the demand for this product? What factors influence the supply of this product?

b. How have these changes in supply and demand affected the equilibrium price of this product?

c. Do you anticipate any changes to the demand and/or supply of this product in the near future? If so, what is driving these changes?

Format your assignment according to the give formatting requirements:

a. The answer must be double spaced, typed, using Times New Roman font (size 12), with one-inch margins on all sides.

b. The response also includes a cover page containing the title of the assignment, the course title, the student's name, and the date. The cover page is not included in the required page length.

c. Also include a reference page. The references and Citations should follow APA format. The reference page is not included in the required page length.

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Microeconomics: What factors influence the demand for the product
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