DEMAND and SUPPLY

Find two articles published that identifies a current situation with two products (a baby formula and Delta summer flights). Provide a link to the article you choose. cover three issues for each product.

Baby formula

1) Briefly summarize the story (no quotes), and describe the change in the determinant of demand or supply that has caused possible shifts of supply or demand.

2) Indicate the change in price that results from the shift in demand or supply (up, down, or unchanged).

3) In your opinion, what should be done to avoid such a problem in a future?

Delta's summer flights

1) Briefly summarize the story (no quotes), and describe the change in the determinant of demand or supply that has caused possible shifts of supply or demand.

2) Indicate the change in price that results from the shift in demand or supply (up, down, or unchanged).

3) In your opinion, what should be done to avoid such a situation in a future?