Concepts of supply and demand analysis

apply the concepts of supply and demand analysis
concepts to a specific good or service you use in your everyday life. In your paper,
include a discussion of the following as subheadings in your paper:

1. Describe the good. What are its main characteristics?
2. What are some of the substitutes and complements for the good?
3. Indicate whether the good is a normal good or an inferior good. Explain the
   reasons for your choice.
4. Identify and describe the main nonprice factors that could cause an increase
   or decrease in the demand for the good or service.
5. Identity and describe the main nonprice factors that could cause an increase
   or decrease in the supply of the good or service.
6. Explain how a change in demand affects the equilibrium price and quantity
   of the good or service