Posted: October 10th, 2022

Economic constraints and the producer

The Course Data File contains the Product for this assignment.

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Research the product from an economic standpoint (include supply and demand, cost). Describe what has been happening in the product market over the last year. This section must be 1/2 page in length.

Next, discuss trends in the overall Producer Price Index (PPI). Using the two most recent monthly Producer Price Index Detailed Report, create a graph or chart (not a table) using Excel that shows changes in the product’s INDEX over time (at least 4 months of data). Discuss the percentage change over time. Provide a brief description of each visual. How to Label Figures in APA Format (Research Required)

This section must be 1/2 page in length (not including Excel visual).

As a conclusion, analyze how producers reacted to price, demand, or supply changes. Explain it using economic terminology. (Research Required). This section will be 1/2 page in length.

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