Project: Equilibrium Graph This project will focus on creating a graph that show

Project: Equilibrium Graph
This project will focus on creating a graph that show equilibrium based on a product you choose.
During this project, you’ll accomplish the following:
Objectives
Create a graph showing the equilibrium point.
Directions
Choose a product you are familiar with that would be affected by a market economy.
Make up a title describing an event that would result in either a change in supply or a change in demand.
Examples of factors that could affect supply:
costs of production
technology
taxes
Examples of factors that could affect demand:
personal preferences
income
price
Once you have a title, then create a graph that includes the information listed below.
The name of the product.
A title influencing change in supply or demand.
A labeled graph showing supply or demand change.
An explanation for the change.
Equilibrium price
You will create your own graph using a template that will guide you in providing the required information. When your work is finished, upload the graph to your teacher using the uploading tool provided below.
Remember to keep these things in mind as you create your graph:
high demand = higher prices
low demand = lower prices
high supply = lower prices
low supply = higher prices
(please use file I have attached)

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This project will focus on creating a graph that show appeared first on blitzarchive.com.