Discuss one (1) recent price change that you have noticed while visiting your
local supermarket. Determine whether or not the price change that you identified
was a result of a change in either supply or demand.
If small numbr of resources are utilized with high quality equi[ments are noticed then it results in high product rate. House hold products are having good competion level in the market hance their price is middle range. Cosmetics varies in quality and production and thus, thier price is more.