{"id":17127,"date":"2023-04-25T12:38:53","date_gmt":"2023-04-25T12:38:53","guid":{"rendered":"https:\/\/www.goodacademic.com\/blog\/questions\/find-a-current-newspaper-article-that-indicates-a-shift-in-either-demand-or-supply-of-a-product-current-must-be-dated-within-current-semester\/"},"modified":"2023-04-25T12:38:53","modified_gmt":"2023-04-25T12:38:53","slug":"find-a-current-newspaper-article-that-indicates-a-shift-in-either-demand-or-supply-of-a-product-current-must-be-dated-within-current-semester","status":"publish","type":"questions","link":"https:\/\/www.goodacademic.com\/blog\/questions\/find-a-current-newspaper-article-that-indicates-a-shift-in-either-demand-or-supply-of-a-product-current-must-be-dated-within-current-semester\/","title":{"rendered":"Find a current newspaper article that indicates a shift in either demand or supply of a product Current = MUST BE dated within current semester"},"content":{"rendered":"
Here are exact instruction from Professor. <\/div>\n
<\/div>\n
Find a current newspaper article that indicates a shift in either demand or supply of a product<\/p>\n

Current = MUST BE dated within current semester
Section 1<\/p>\n

choose either demand OR supply (This is BASED upon your article and what you are discussing. The shift you find in the article DETERMINES the focus in Section 1. If your article is a supply side shift then section 1 must pertain to supply only. If you are describing a shift in demand in section 2 then section 1 must pertain to demand only)
define demand; define a change in quantity demanded; explain the factors that shift demand; differentiate between a change in demand and a change in quantity demanded;explain the result of demand increasing and decreasing with respect to equilibrium price and quantity…there ought to be a minimum of 3 paragraphs on page 1…………NO MENTION OF THE ARTICLE SHOULD BE HERE
 NO EXAMPLES in Section 1<\/p>\n

Section  2<\/p>\n

Now you apply the shift factors you just discussed to the newspaper article<\/p>\n

be sure to identify the market you are discussing; identify the shift factor that is changing…explain how the newspaper article implies which shift factor is changing (DO NOT QUOTE THE ARTICLE) Discuss which direction the curve is moving and what is happening to the equilibrium price and quantity<\/p>\n

Demand and supply CANNOT be high, low, strong or weak these are RELATIVE terms meaning they require a comparison…remember demand and supply curves either Increase or decrease or remain stationary.<\/p>\n

page 3<\/p>\n

draw a graph of the situation<\/p>\n

Title includes: PRODUCT (or Market); CURVE shifting: Direction of shift; SHIFT FACTOR causing the shift in a single phrase<\/p>\n

label BOTH axes correctly<\/p>\n

label all curves<\/p>\n

identify the beginning position in the market; then ending position and the directional changes of P and Q<\/p>\n

the article MUST be attached or url provided so I can read the article<\/p>\n

Find a current newspaper article that indicates a shift in either demand or supply of a product<\/p>\n

Current = MUST BE dated within current semester
Section 1<\/p>\n

choose either demand OR supply (This is BASED upon your article and what you are discussing. The shift you find in the article DETERMINES the focus in Section 1. If your article is a supply side shift then section 1 must pertain to supply only. If you are describing a shift in demand in section 2 then section 1 must pertain to demand only)
define demand; define a change in quantity demanded; explain the factors that shift demand; differentiate between a change in demand and a change in quantity demanded;explain the result of demand increasing and decreasing with respect to equilibrium price and quantity…there ought to be a minimum of 3 paragraphs on page 1…………NO MENTION OF THE ARTICLE SHOULD BE HERE
 NO EXAMPLES in Section 1<\/p>\n

Section  2<\/p>\n

Now you apply the shift factors you just discussed to the newspaper article<\/p>\n

be sure to identify the market you are discussing; identify the shift factor that is changing…explain how the newspaper article implies which shift factor is changing (DO NOT QUOTE THE ARTICLE) Discuss which direction the curve is moving and what is happening to the equilibrium price and quantity<\/p>\n

Demand and supply CANNOT be high, low, strong or weak these are RELATIVE terms meaning they require a comparison…remember demand and supply curves either Increase or decrease or remain stationary.<\/p>\n

page 3<\/p>\n

draw a graph of the situation<\/p>\n

Title includes: PRODUCT (or Market); CURVE shifting: Direction of shift; SHIFT FACTOR causing the shift in a single phrase<\/p>\n

label BOTH axes correctly<\/p>\n

label all curves<\/p>\n

identify the beginning position in the market; then ending position and the directional changes of P and Q<\/p>\n

the article MUST be attached or url provided so I can read the article<\/div>\n

<\/div>\n
Also, what to avoid on the paper:<\/div>\n
<\/div>\n
Avoid the following common mistakes
1) make sure that section 1 and section 2 discuss the same topic ..demand and demand Or supply and supply…which ever one you choose the other is not part of the paper (other than you you will draw it once on your graph)
 
2) Remember if you use the term demand you are speaking about the entire curve (same with supply)
3) The qty demanded is a point of the stationary demand curve (same  for the qty supply)
40 Do not use High or low or strong or weak..these descriptive terms are meaningless. They indicate a vague state or condition…they do not indicate a change and therefore are not valid.
 
there is no such thing as a high price… can you define that…it is subjective… vs a price can be higher than before which indicates a change
 
I attached a file to be careful..journalists are notorious for using economic terms improperly
 
Finally make sure you have a proper title on the graph; axes are labeled properly and demand slopes downward and supply upward\u2026there should be three curves on your graph
Either 2 demand and 1 supply or 2 supply and 1 demand curve \u2026label the equilibrium pointsAvoid the following common mistakes
1) make sure that section 1 and section 2 discuss the same topic ..demand and demand Or supply and supply…which ever one you choose the other is not part of the paper (other than you you will draw it once on your graph)
 
2) Remember if you use the term demand you are speaking about the entire curve (same with supply)
3) The qty demanded is a point of the stationary demand curve (same  for the qty supply)
40 Do not use High or low or strong or weak..these descriptive terms are meaningless. They indicate a vague state or condition…they do not indicate a change and therefore are not valid.
 
there is no such thing as a high price… can you define that…it is subjective… vs a price can be higher than before which indicates a change
 
I attached a file to be careful..journalists are notorious for using economic terms improperly
 
Finally make sure you have a proper title on the graph; axes are labeled properly and demand slopes downward and supply upward\u2026there should be three curves on your graph
Either 2 demand and 1 supply or 2 supply and 1 demand curve \u2026label the equilibrium points<\/div>\n","protected":false},"excerpt":{"rendered":"

Here are exact instruction from Professor. Find a current newspaper article that indicates a shift in either demand or supply of a product Current = MUST BE dated within current semesterSection 1 choose either demand OR supply (This is BASED upon your article and what you are discussing. The shift you find in the article […]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"closed","template":"","meta":[],"disciplines":[710],"paper_types":[],"tagged":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/questions\/17127"}],"collection":[{"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/questions"}],"about":[{"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/types\/questions"}],"author":[{"embeddable":true,"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/comments?post=17127"}],"version-history":[{"count":0,"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/questions\/17127\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/media?parent=17127"}],"wp:term":[{"taxonomy":"disciplines","embeddable":true,"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/disciplines?post=17127"},{"taxonomy":"paper_types","embeddable":true,"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/paper_types?post=17127"},{"taxonomy":"tagged","embeddable":true,"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/tagged?post=17127"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}