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Discuss how prices are determined in a market economy. Find a good/service for which the price has recently changed and try to provide an explanation

Discuss how prices are determined in a market economy. Find a good/service for which the price has recently changed and try to provide an explanation as to why the price changed the way it did using the concepts of supply and demand. That is, if the price of that good/service increased (or decreased), explain why.

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