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Supply and Demand

Supply and Demand

 Assignment: From any reputable source, find one article discussing any element of supply, demand or a price alteration. I want you to connect these very important concepts to the real-world.  Jot down a brief of what is occurring in this market, DO NOT GIVE AN ANSWER.   It is imperative you explain the difference between a 1) change in quantity demanded (a movement along a fixed curve, see figure 1 caused only by a change in price) and, 2) a change in demand (a movement of the entire curve, see figures 3 & 4 caused by a variety of factors but never price). The same rules apply to the supply curve as well. 

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