In Chapter 2, we learned about supply and demand as well as natural resources. This article includes both of these topics. The article, “Farmers Report: Market Trends” discusses the predicted level of supply and demand of natural resources in the market during the upcoming fall months. In class we learned about the law of supply and demand. The law of supply states that if the price is high, supply is high. The law of demand states that if price is high, demand is low. This is shown repeatedly throughout the article with different types of meat. Secondly, the whole article is about one of the four economic resources we studied in Chapter 2, natural resources. This specifically refers to renewable resources. These goods turn into factors of
