fresh corn in midsummer, but more expensive at other times of the year. People alter their diets and

restaurants alter their menus in response to these fluctuations in prices without fuss or fanfare. For both the
U.S. economy and the world economy as a whole, markets—that is, demand and supply—are the primary social
mechanism for answering the basic questions about what is produced, how it is produced, and for whom it is

produced.

BRING IT HOME

Why Can We Not Get Enough of Organic Food?
Organic food is grown without synthetic pesticides, chemical fertilizers or genetically modified seeds. In recent

decades, the demand for organic products has increased dramatically. The Organic Trade Association reported sales

increased from $1 billion in 1990 to nearly $62 billion in 2020, more than 90% of which were sales of food

products.

Why, then, are organic foods more expensive than their conventional counterparts? The answer is a clear application
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