Supply and demand is a very important way to judge how prices are determined in our economy. You will need to focus on a

[answerhappygod]

Supply and demand is a very important way to judge how prices
are determined in our economy. You will need to focus on a recent
price change that you have experienced when going to the grocery
store. Identify why the price increased based on the determinant of
supply and demand. Analyze the impact of why the price change
occurred and explain the challenges that firms will be facing to
raise prices on consumers.