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Think of a relevant example in your own life of how a change in the market...

Think of a relevant example in your own life of how a change in the market (including information, preferences, technology, price of alternative goods, regulations, taxes, etc.) has shifted either the supply or demand of a good. How did this change affect the market equilibrium for that good or service? Explain.

Next, find a relatively recent news article (within the past year) to support your finding (the news search feature in Google is helpful with this). If you cannot find an article specific to your example, you may find an article about another similar good or service.

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We are going through a tough phase of covid-19 pandemic it create a lot of change in our economy as well as in the society the demand for masks,sanitisers,hand wash etc where increasing day by day. The demand for electronic gadget like smart phone and laptop are also increasing because of work from home and online School classes .The higher demand for these goods increase both the supply and demand. Supply of rawmaterials from China resumed so the market can able to produce the demanded good without any shortage.Market demand and supply of goods are increasing.

News article- https://www.google.com/amp/s/www.livemint.com/companies/news/laptop-sales-surge-in-india-as-employees-work-from-home-during-lockdown/amp-11585902958056.html

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