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1.Assignment: Supply and Demand
Due Date: Day 7 (Individual forum)
·
Visitthe Interactive Activity: Supply and Demand Web site
available on Week Two of your student Web site.
·
Read the material posted about supply and demand. Explore the
concepts of supply and demand by using the interactive features on the graphs.
Use the questions following the diagrams to guide your exploration. Visit Parts
1, 2, & 3 of the Web site.
·
Complete the matrix and answer the questions in Appendix C.
Describe how changes inprice and quantity of various goods and services will
affect either supply or demand and the equilibrium price. Also, make sure to answer the three questions listed above the
matrix.
·
Use the graphs from the interactive activity as a tool to help
you visualize the changes in price and quantity.
·
PostAppendix C as an attachment.
1.
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