Assignment Instructions/ Description
Students should find Economics articles from the credible sources on the current trends. Take the articles for 2017-2021 (not earlier!).
The information that should be reflected in the poster:
- describe the demand shifts (positive and negative) in this market for the recent years.
- describe the supply shifts (positive and negative) in this market for the recent years.
- draw the graph with previous and current equilibrium in the market. What happened with equilibrium price and quantity? Show in the graph and describe. (15 points)
- are the demand and the supply elastic or inelastic in this market? Explain. Provide the calculations if possible. (15 points)
- What will happen with the revenue and profit of one player in this market after the indicated shifts? Explain with words and graphs. (40 points)
- Reference list (Harvard style) and team members
- Plagiarism free
- POSTER WELL ORGANISED AND WELL DONE
The graphs can be made by hand or in any suitable application and then been copied to the assessment paper.
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