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Pick a product or service you use in your every day life and describe the market for this product

Addressed the following questions1. What factors influence the demand for this product? What factors influence the supply for this product2. How have these changes in supply and demand affected the equilibrium price of this product?4. Do you anticipate any changes to the demand and or supply of this product in the near future? 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?