Explain the reasons behind the shift and how that has influenced the equilibrium price.

Discussion Post

Think about a good or service for which you believe there has been a shift in demand or supply. Explain the reasons behind the shift and how that has influenced the equilibrium price.

An effective way to organize your answer would be to copy the parts in a bullet list as follows and post your answers beneath each bullet.

1) Explain the reasons behind a shift in supply or demand. Post your answer here.

2) How did the shift influence the equilibrium price? Post your answer here.

Explain the reasons behind the shift and how that has influenced the equilibrium price.
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