Economics commodity specialist

  4-5 pages

· Introduction
Describe a commodity and the market it targets.  Mentioning how and why it became popular or less popular. In addition, state the factors (demand determinants and supply determinants) that  caused the supply/demand change and how changes affected the price. 

· Data

o three credible sources (not Wikipedia) facts about changes in demand and supply.

o A table, graph, or figure to support the argument. 

· Analysis
Use the present data explain the growth or decline pattern of the supply and demand. Is the commodity growing or is it declining? If it is growing, state factors that led to its growth. If it is declining, state the factors that led to its decline.

 

· Conclusion
Provide final thoughts or opinion understanding the outcome. Do you believe this commodity is profitable for its producers? Or should they provide something different instead? Or should they modify the commodity? Moreover, if you were to produce this commodity, what would you do to increase your revenue?

 

Reference List
 

three professional sources to support your argument.