8. Your grocery bill is cheaper. Here's why (1 point) If you've noticed that your grocery bills are a little lower these days, you're not alone. The price of food has fallen sharply in the past few months... Weak global demand (particularly in China) as well as excess supply thanks to advances in agricultural technology have helped push the prices of key food commodities sharply lower lately... The price of corn, cocoa and lean hogs futures trading on commodities exchanges are down more than 10% in the past year. Wheat has tumbled 20%. Cattle futures have plunged 30%. Paul La Monica, CNNMoney Sept 9, 2016 Assume the equilibrium price of food is decreasing, but the equilibrium quantity is not changing. Use a S/D model to graphically illustrate and explain how the changes described in this article could create that end result in the market for food.