Question.4233 - The objective of this assignment is to help you understand how to apply the class models to the real world events. Each student will research and obtain one economic article or video that is related to demand and supply model. Some examples of good sources include Wall Street Journal, Economist, New York Times and CNN News. You must provide the link to the article or video. The article or video should be current and published within the last 6 months. You are required to write a brief summary of the article or video; then analyze it using demand and supply model. Please make sure to include your own understanding and explain how the analysis can help you make decisions. A demand and supply graph would be a plus. You can use the examples in section 2.7 of the textbook as a reference. Your assignment should be double spaced and a maximum 2 pages.
Answer Below:
Article xxxx acirc xxxxxx chains xxx under xxxxxx of xxxxxx but xxxx acirc xx not xxxxxxxx Here xxxxx s xxx acirc xxxxxxx Linkhttps xxxxxxx cnn xxx economy xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx index xxxxxxxxxxxxxx present xxxxxxx has xxxxxxx on xxx current xxxxx of xxx global xxxxxx chains xxxxx despite xxxxxx challenges xxxx as xxx Suez xxx Panama xxxxx disruptions x potential xxxx and xxxx Coast xxxxxxxxxxx acirc xxxxxx and xxxxx logistical xxxxxxxxxxx have xxxxxxxx resilient xxxx article xxxx highlights xxx lessons xxxx past xxxxxx that xxxx led xx better xxxxxx chain xxxxxxxxxxxxxxx proactive xxxxxxxxx management xxx longer xxxxxxxx routes xx avoid xxxxx disruptions xxxxxxxxxx have xxxxx it xxxx difficult xxx container xxxxxx have xxxxx by xxxxxxxx to xxxx year xxxx found xx difficult xx pass xxxxx costs xx consumers xxx to xxxxx increased xxxxx sensitivity xx has xxxx been xxxx in xxx present xxxxxxx that xxx industry xxxxxxx believe xx the xxxxx of xxx supply xxxxx issues xxxxxxxx the xxxxxxxx remain xxxxxx us xxxxxxxx of xxxx Using xxx Demand xxx Supply xxxxxxxxxxx Chain xxxxxxxxxxx as xxxxxxxx Supply xxxxx Events xxxxxxxxx geopolitical xxxxxxxxx canal xxxxxxxxx and xxxxxxxxx strikes xxxx help xxxxxx the xxxxxx chain xxxxxxxxxx It xxxx leads xx higher xxxxxxxx costs xxx limited xxxxxxxxxxxx of xxx products xx can xx described xx a xxxxxxxx in xxxxxx shifts xxx the xxxxxx curve xx the xxxx resulting xx higher xxxxxx and xxxxx quantitative xxxxxxxxx from xxx economic xxxxxxxxxxx Retailers xxxxx Response xxx Inventory xxxxxxxxxx Retailers xxxx increased xxxxx inventories xxx shifted xxxxx cargos xx alternative xxxxxx to xxxxxxxxx potential xxxxxx chain xxxxxxxxxxx The xxxxxxx article xxx shown xxx this xxxxxx chain xxxxxxxxxx is xxxxxxxxxx the xxxxx in xxxxxx chain xxxxxxxx towards xxxxxxxxxxx as xxxx as xxxxxxxxx These xxx come xxxx higher xxxxxxx costs xxx stabilize xxx long-term xxxxxx Impacts xx Customers xxxxx Needs xxx Pricing xxxxx It xxx been xxxxx from xxx present xxxxxxx and xxxx the xxxx of x relevant xxxxx of xxx supply xxxxx that xxx behavior xx current xxxxxxxxx become xxxx price-sensitive xxxxxx the xxxxxxxxxx during xxx COVID- xxxxxxxx During xxxx time xxx firms xxxxx easily xxxx the xxxxx to xxx customers xxxxxxxxx it xxx be xxxxxx that xxx pricing xxxxx has xxxx weakened xxx the xxxxxxx firms xxxxx ability xxx also xxxx limited xx increase xxx price xxxxxxx of xxxxxxxxxx the xxxxx Another xxxxxxxxxxx finding xxxxxxxxx that xxx demand xxxxx remains xxxxxx or xxxxxx towards xxx left xx consumers xxxxxx their xxxxxxxx due xx high xxxxxx Personal xxxxxxxxxxxxx and xxxxxxxx I xxxx gained xx in-depth xxxxxxxxxxxxx and xxxxxxxx about xxxxxx and xxxxxx According xx my xxxxxxxxxxxxx companies xxxx to xxxxxxxx diversifying xxxxxx sources xxx improving xxxxxxxxx efficiencies xx order xx mitigate xxx risks xx geopolitical xxx environmental xxxxxxxxxxx In xxxxxxxx I xxxx also xxxxxxx that xxxxx supply xxxxx trends xxx have xxxx impacts xx the xxxxxxxxx to xxxx anticipation xxxxxxx price xxxxxxxxxxxx These xxxxxxxxx can xxxx be xxxxxxxx about xxxxxxxxxx decisions xxxxxxxxx buying xxxxx before xxx hike xx potential xxxxxx From xxx economic xxxxxxx I xxxx gained xxxxxxx into xxxxxxxxxx the xxxxxx chain's xxxxxxxxxx Labor xxxxxxxxxxxx also xxxx predict xxxxxxxxx trends xx also xxx a xxxx impact xx broader xxxxxxxxx and xxxxxxxxxx decisions xxxxxxxxxx Edition xxx com xxxxxx chains xxx under xxxxxx of xxxxxx but xxxx acirc xx not xxxxxxxx Here xxxxx s xxx Available xx https xxxxxxx cnn xxx economy xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx index xxxx Accessed xx February xx
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