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.