online scavenger hunt project\ntake what you know about supply and demand and look for it in real…

online scavenger hunt project\ntake what you know about supply and demand and look for it in real - time!\nlocate any headline, article, ad, etc... that would shift the supply and demand curve (left or right). you must do this for seven different determinants. it can be either demand or supply, but each determinant must be different.\nyou must do the following for each headline:\n1. title each graph with the headline found.\n2. neatly draw the original graph and show the shift that occurs. being sure to label everything correctly.\n3. identify the determinant that caused the shift.\n4. identify the movement of price and quantity.\n5. create a file (to be submitted via google classroom) with each link you used to create the headline.\nsee below for a perfect example.\nold spice launches new commercials featuring nfl star\nwhat happens to the market for old spice?\nshifter: consumer taste\np =↑q =↑d =↑s = stays the same

online scavenger hunt project\ntake what you know about supply and demand and look for it in real - time!\nlocate any headline, article, ad, etc... that would shift the supply and demand curve (left or right). you must do this for seven different determinants. it can be either demand or supply, but each determinant must be different.\nyou must do the following for each headline:\n1. title each graph with the headline found.\n2. neatly draw the original graph and show the shift that occurs. being sure to label everything correctly.\n3. identify the determinant that caused the shift.\n4. identify the movement of price and quantity.\n5. create a file (to be submitted via google classroom) with each link you used to create the headline.\nsee below for a perfect example.\nold spice launches new commercials featuring nfl star\nwhat happens to the market for old spice?\nshifter: consumer taste\np =↑q =↑d =↑s = stays the same

Answer

Brief Explanations:

This project involves analyzing real - world factors (determinants) that shift supply and demand curves in the market. For each example found (like the Old Spice example with consumer taste as a shifter), one must graph the changes, identify the determinant, and note the price and quantity movements. It is based on economic principles of supply and demand.

Answer:

The task is to find seven different real - world examples of factors that shift supply or demand curves, graph the original and shifted curves, identify the determinant, note price and quantity movements, and submit a file with the sources used. For example, in the case of Old Spice launching new commercials with an NFL star, consumer taste is the determinant that shifts the demand curve to the right, increasing price (P), quantity (Q), and demand (D), while supply (S) stays the same.