Question: Access the Supply and Demand examples and explanations below to understand what each curve should look like when graphed. Choose a sport product that is
Access the Supply and Demand examples and explanations below to understand what each curve should look like when graphed. Choose a sport product that is extremely popular in demand, and graph how the demand will impact the price of this new trend. Do the same for the supply of a product from a sports business that is struggling to get enough inventory out to consumers. Once completed, graph a market equilibrium set of curves that showcase where the supply and the demand for your examples meet in the minds of consumers, illustrating the most acceptable market price. Provide a brief explanation for what is actually happening in each of these graphs
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