What factors influence the demand for this product? What factors influence the supply of this product? How have these changes in supply and demand affected the equilibrium price of this product?

Pick a Product or services you use in everyday life and describe the market for this product.

Address the following questions as well: What factors influence the demand for this product? What factors influence the supply of this product? How have these changes in supply and demand affected the equilibrium price of this product? Do you anticipate any changes to the demand and or supply of this product in the near future? If so, what is driving these changes? Microsoft Word Document in APA format, it will be submitted in turnit in for plagiarism review, and minimum of 700 words.

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