XECO 212 week 1 dq 2

Select a good that you are familiar with. What are the factors that shift the demand curve for this good? What are the factors that shift the supply curve for this good? How do you expect the supply and demand of your selected good to change in the next year? Relate your expectation to price and quantity. The good that I am familiar with is the seasonal fruit. Watermelon, strawberries and nectarines are some of the seasonal fruits that I enjoy. The factors that shift the demand on seasonal fruits are just that the seasons in which they are produced. In the winter and some fall months these fruits are considered out of season and are not supplied to stores in quantity as they would be in the spring and summer months. This increases the price of the fruit. The...