Choose one good with which you have had experience purchasing:
o New home
o New car
o Vacation to a theme park
o Washing machine
o Computer
o College
o Other
Write a 950-to-1050 word paper explaining factors that affect supply and demand. Include the following:
o Explain factors that could cause possible changes in supply and demand.
o Determine at least two substitutes there may be for your product.
o Determine at least two complements there may be for your product.
o Explain how the necessity of your chosen good impacts price elasticity
Format your paper according to APA guidelines.