[ajwharton17]

Think about a product that you have purchased recently (e.g. soda, diapers, takeout meals, milk, shoes, manicure/pedicure, video game, etc.). Explain how the law of demand affected your purchase. Give specific examples of how the determinants of demand and supply affect this product (T-I-P-E-N and P-R-E-S-T). What happens to the demand curve and the supply curve when any of these determinants change? Give examples of scenarios that would cause a change in demand versus a movement along the same demand curve and supply curve for this product. Discuss the new equilibrium price and quantity that result from these changes. Can you demonstrate some of these changes graphically?

[Alty]

Can you?

This sounds like homework. Have you done your research? We won't do your homework for you, we're not paid to answer questions, we're volunteers. What you're asking is a lot of work, and it's your work, not ours. So do the work.

We are willing to critique you answer, but we will not do the work for you, that would be cheating on your part.

Good luck.