Managerial Economics

Refer to tab 2 of the Project 2 Excel workbook (Supply and Demand Graph) to answer the following questions:
1. Identify the supply factors and demand factors that that are most important in determining the specific supply and demand curves for the cardboard box and provide a scenario that illustrates how market equilibrium is established.
2. Identify the supply factors and demand factors that that are most important in determining the specific supply and demand curves for the metal box and provide a scenario that illustrates how market equilibrium is established.