Evidence of the Forces of Supply and Demand at work in today’s marketplace

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GUIDELINES FOR PAPER

Topic: Evidence of the Forces of Supply and Demand at work in today’s marketplace

Length: 6-8 pages, standard margin, 12 pt. Times New Roman Font (no graphs or charts).  APA STYLE

Pick a current event from the Wall Street Journal or some other business news source that demonstrates a shift in supply or demand or both. 

In your paper, discuss the following points in order as follows:

  1. List the company the article is about and a brief overview of it
  2. Describe the shift that is taking place and elaborate why you think it is a supply shift, demand shift, or both.
  3. Discuss what impact the shift will have on price in the long and short run.
  4. Discuss what market structure the company is operating in (Monopoly, Oligopoly, Perfect Competition, or Monopolistic Competition) explain your reasoning behind your choice.
  5. Are the company’s goods or services they produce elastic or inelastic.
  6. What current anti-trust issues is the company currently involved in.  Explain what is happening.