Q1 Conduct a supply and demand analysis for sugar.
- Draw a supply and demand graph which adequately represents what is happening to the world (global) sugar price. There is enough information in the article for you to know the previous sugar price and the new sugar price. Be sure those prices are correctly shown on the graph. The article does not tell you the quantity traded, but you can still title your X axis correctly.
- Briefly explain any shifts in supply and/or demand which caused the sugar price to change.
- Use the following article. Do not use any other information in your analysis.