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Identify a good or service that you personally buy and use. What factors have contributed to changes in the supply of and demand for that good or
Identify a good or service that you personally buy and use. What factors have contributed to changes in the supply of and demand for that good or service? What was the effect on the equilibrium price and quantity? How do you expect changes in the microeconomy and macroeconomy to affect future supply of and demand for that good or service? Do you expect the equilibrium price to increase or decrease as a result?