Eco202 Analyze

 Read the article An increasingly precious metalPreview the document. After reading it, analyze it using the three-step process of analysis discussed in class. In your analysis, make sure you identify the market, i.e., the commodity that the article reports on, identify the determinants that help explain shifts in demand and/or supply and discuss the changes in the context of the events reported. You must write a well-written paragraph where you cover all the elements of the three-step process of analysis. In addition, if you conclude that both curves are changing, then you must address the issue of the magnitude of the change in order to assess what is the most likely outcome to what otherwise would have been an unknown change. Do not write your answer by individually answering the questions in the three-step process of analysis, remember, you are telling a story. 

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