Assignment:
DEMAND AND SUPPLY - Must be plagiarism free and 100% original
Using the firm used previously, read more about supply and demand from the Background material and address the following questions in a 3- to 4-page essay, APA format.
1. What good or service does your firm produce?
2. What are some factors that would cause a change in demand for this good/service?
3. Give some examples of changes in supply in the context of your good.
4. How has the market changed for the firm's particular good/service the past few years? For instance, what effect has technology had on the product? Does your firm now face more or less competition?