Wednesday, January 22, 2014

Supply and Demand

Today we will be mainly focusing on the Law of Supply and Demand.  To being, please research and write about a product or service that you believe the price will rise or fall significantly over the next several years.  You can look online for a product or service to get ideas if you need and can also look online for a reason why you think this price change will occur.

Again ... the essential question for today is: What is one product or service for which you believe the price will rise or fall AND why do you think this price change will occur?

I believe that the demand will go up if it is like fixing your car or even anything around the house like a heater or the water pump it will always go up just because it might not always happen to everyone clothes in the other hand I feel as if  it might go down more people are getting expensive clothes cheaper north face for example you can get them in north storm rack for cheaper. Now almost anyone can afford them.    

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