BUS 212 Week 3 Economic Impacts on US Based Businesses

Purpose of Assignment 

The purpose of this is assignment is for the student understand the concept of supply and demand and how they impact the activities of a US based business. 

Assignment Steps 

Create a 950-word paper discussing the following information:

• Define the law of demand and the law of supply.
• Discuss how price changes are reflected on a given supply or demand curve.
• List the determinants of demand.
• List the determinants of supply.
• What happens to a given supply or demand curve if one of the determinants of supply or
• demand change?

Format your paper consistent with APA guidelines. 

Click the Assignment Files tab to submit your assignment.