Q. "Specified the business situation of Mrs. Acres Homemade Pies also utilizing the economic concepts of supply also demand, explain 1) Discuss Illustrate what you think will happen to the supply, demand also price of the product in the short-term; 2) Discuss what you think will happen to supply, demand also price of the product in the long-term. 3) Explain why you think supply, demand, or equilibrium price will be different, if at all, in the short-term also the long-term. "