Question: What is something that you bought recently?How much did it cost?List out some of the most important factors in your purchase decision. Research any good

  1. What is something that you bought recently?How much did it cost?List out some of the most important factors in your purchase decision.
  2. Research any good whose price has changed over the last year.What does your research indicate has been driving the changes in the price? Are these demand factors, supply factors, or both. What do you expect to happen to the price over the next year?

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