You are required to pick a product or service you use in your everyday life and describe the market for this
product. Please make sure to address the following questions:
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?
Complete this essay in a Microsoft Word document in APA format. Your work will automatically be submitted
to Turnitin for plagiarism review. Please note that your essay needs to have a minimum of 700 words and a
maximum of 1100 words.
Since I was diagnosed with Severe Obstructive Sleep Apnea (OSA). I have to wear a Continuous Positive
Airway Pressure (CPAP) machine every night. I think this would be a good product to write about, if not
please let me know if you suggest a different product.