Demand Supply and Equilibrium Price
Select at least two news articles that discuss demand, supply, and equilibrium price of a particular product or service. At least one news article should be dated within the previous two months. Refer to week 2 content materials and use specific economic vocabulary within your discussion, i.e. Demand, Quantity demanded, Determinants of demand, Shifts in demand curve, etc. Supply, Quantity supplied, Determinants of supply, Shifts in supply curve, etc. Changes in equilibrium quantity and equilibrium price. Price Ceilings and/or Price Floors and explain why price floors and price ceilings can be inefficient. The articles you choose may not use these exact terms; therefore, it is incumbent upon you to convert the article language into economic language as is appropriate.