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please remainder 2 deferent subject need to be address as such at list 100 word each not including description or instruction NAUXChange 02 Discussion Topic Task: Reply to this topic Choose one activity from the LP2 (red) section of the NAUXChange game board and post your response in this discussion. (PDF Version) For example, LP2 includes three (3) activities, which are located in spaces 4, 5, and 6 on the game board. You are only required to respond to one. (You are encouraged but not required to post responses to your fellow classmates when completing the NAUXChange activity.) View “What is Scarcity?” a YouTube video created using PowToon by Kivuvu Osias. Briefly 2: Understanding and Using Demand and Supply Participate in a discussion with your classmates by describing the effects of the demand and supply model. Review the “EYE on Your Life” caption titled, Understanding and Using Demand and Supply, within Section 4.2 in the textbook. You will use this model again and again during our course, so having a clear understanding of it will bring you an immediate payoff. But much more important, by understanding and using the demand and supply model, you’ll have a much better appreciation of how our economic world works. Therefore, share with your classmates how demand and supply influence the prices of your favorite clothing, music, and food items.
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