Question: The second DQ for Topic 1 was on identifying when a demand curve or supply curve shifts. Specifically, you were asked to think about a

The second DQ for Topic 1 was on identifying when a demand curve or supply curve shifts.

Specifically, you were asked to "think about a good or service for which you believe there has been a shift in demand or supply. Explain the reasons behind the shift and how that has influenced the equilibrium price."

Please share your thoughts regarding to what extent you feel you have understood the factors that shift a demand curve or supply curve and how it affects the equilibrium price.

Do you think this knowledge will be helpful for you? Please explain.

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Please answer the above.

The note should have intext citations. For example, anything with numbers or quotes per paragraph. The intent citation just needs to be the Author's last name and year it was published. Please also include REFERENCES. Thanks

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