Economics Homework Help
Nintendo Switch Shortage Das Supply and Affecting the Demand Discussion
Nintendo Switch Shortagehttps://www.popularmechanics.com/culture/gaming/a3…
Read the article linked above and answer the following questions:
- What are the factors impacting the demand for the Switch? Has this caused the demand curve to shift to the right, left, or not at all?
- What are the factors impacting the supply of the Switch? Has this caused the supply curve to shift to the right, left, or not at all?
- Based on these shifts, can you determine whether price, quantity sold, or both will be impacted?
- What effect do you think price gougers (Link (Links to an external site.)) had on this shortage?
Full article links:
https://www.digitaltrends.com/news/nintendo-switch-price-gougers-amazon-new-tactic/
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