Describe a recent price change

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Describe a recent price change that you have observed in some good or service that you purchase. Then, give a possible (reasonable) explanation for that price change and discuss why this is the likely cause of the price change. Choose something other than gas or oil. Make the explanation for the price change refers to the list of supply or demand shifters such as The cost of production, The cost of resources, The number of producers, Expectations, The demand for related goods., Subsidies, and taxes.

Reference no: EM132791772

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