Select one article published within the past year that discusses an economics issue, and apply your microeconomics knowledge to explain and interpret it into Microeconomic language. The article may be obtained from a major business or economics journal, magazine, or newspaper (The Economist, Wall Street Journal, Businessweek, Times, Fortune, etc.). Explain the main points being made by the article's author, the economic principles used by the author to support his/her argument, and the implications of the story. Applying some of the key economics concepts from the list provided below in Microeconomic to explain the meaning and relevance of the article from Microeconomic stand point.

Article: https://www.nytimes.com/2022/11/27/business/economy/holiday-shopping-retail-sales.html

Economic concept can be used to interpret: + Supply, demand, and equilibrium market + Price + Elasticity + Specialization and trade + Consumer behavior + Production in the short and long-run periods + Competitive markets + Monopoly, cartels, and price discrimination + Another topic related to microeconomics

Requirements: * clearly state the economic topic you will be discussing from the list above * Have a minimum of five credible references listed as sources * Around 5 A4 doc is good enough * Cite the sources