Think of a product or service that use in your everyday life or workplace. Describe how the supply or demand of this product might be changed.

The following link will take you to an interactive graph of a competitive market.

1. Provide examples of a variable that affect the supply curve and a variable that affects the demand curve.

2. Think of a product or service that use in your everyday life or workplace. Describe how the supply or demand of this product might be changed.