Question

Belove you can find explanation for the dataset; what kind of data it is. The question is to figure out an research question for econometrics course. E.g. what is the erlationship between the two variables

The Below datat tells the price of a service or a good and the quantity of supply for that good or service at a particular time. It states that the price of a good or service is considered from different month to a nother month, i.e. the data is from a specific time period. That is the reason for the variation om supply and price without pattern. QUESTION AND DATA BELOW

1. Clearly worded research question that limits the research problem to researchable task. (This is a short sentence that ends with the question mark and it is suggested that you draw from theory (research literature / textbook knowledge) in one of the business studies field to word it!)

Price	Quantity supplied
14,5	7
13,4	8
12,7	6
16,4	10
21	15
13,9	11
17,3	21
12,5	10
16,7	14
22,7	20
14,5	12
12,3	10
15,6	8
20	14
14,2	8
12,6	6
18,2	12
17,3	8
14,3	7
11	6
14,5	7
15,2	8
16,2	8
14,8	7
14,3	7
11,9	6
12	6
14,1	7
17	8
18	9

Answer 1