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Laws of demand and supply work

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Reference no: EM133251969

Please use specific examples in your discussion post, such as electronics, food, gasoline, housing, etc. to answer the following questions:

1. In your opinion, did the laws of demand and supply work or not in the United States for the past two years? Why? Explain your answer in terms of economics.

2. Select one specific good or service where you believe these laws worked. Please explain why and share your own experiences. Explain your answer in terms of economics.

3. Select one specific good or service where you believe these laws did not work. Please explain why and share your own experiences. Explain your answer in terms of economics.

Reference no: EM133251969

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