Identify two microeconomics and two macroeconomics principles or concepts from the simulation/video.

Write a 1,050- to 1,400-word paper summarizing the content of the simulation and address the following: 

• Identify two microeconomics and two macroeconomics principles or concepts from the simulation/video.
• Explain why you have categorized these selected principles or concepts as microeconomics or macroeconomics.
• Identify at least one shift of the supply curve and one shift of the demand curve in the simulation/video.
• Explain what causes the shifts, and how each shift affects the price, quantity, and decision making.