Complete one of the following options:
Option 1:
Complete the Supply and Demand Simulation.
Write a 1,050- to 1,400-word paper summarizing the content of the simulation and address the following:
- Identify two microeconomics and two macroeconomics principles or concepts from the simulation/video.
- Explain why you have categorized these selected principles or concepts as microeconomics or macroeconomics.
- Identify at least one shift of the supply curve and one shift of the demand curve in the simulation/video.
- Explain what causes the shifts, and how each shift affects the price, quantity, and decision making.
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