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Since inflation has been a hot topic since the pandemic, let's apply our understanding of supply and demand and explore some recent price changes. Pick
Since inflation has been a hot topic since the pandemic, let's apply our understanding of supply and demand and explore some recent price changes.
Pick a good or service that you've noticed either a substantial price increase or decrease. Describe the change and try to identify the underlying causes. Was it a change in supply? demand? both? And what is causing these changes?
Bonus if you include links or articles supporting your argument.
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