demand and supply, economics homework help

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Economics

Description

Discuss one (1) recent price change that you have noticed while visiting your local supermarket. Speculate on whether or not the price change that you identified was a result of a change in either supply or demand. Provide a rationale for your response.

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Explanation & Answer

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DEMAND AND SUPPLY
There has been an increase in the price of a gadget that was recently introduced in the
supermarkets. The g...


Anonymous
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