Organic food is grown without synthetic pesticides, chemical fertilizers or genetically modified seeds. why is organic foods more expensive than their conventional counterparts? describe what factors have affected and will continue to affect the demand and supply for organic foods? describe any shifts, and make any predictions of what might happen to the prices of organic foods in the future

Explanation:

Organic foods are more expensive than conventional ones mainly by the law of supply and demand, as supply is lower than demand, the price is consequently more expensive than non-organic foods.

This is because there are few organic farms in the world due to the high cost of certifying and maintaining the environmentally and socially responsible standards required as a model on organic farms. There are also the longest factors of organic production, which are produced without pesticides and chemical fertilizers, so they grow slower and in smaller quantities.

The global trend of organic consumption tends to increase, organic consumption is already up, but due to the high price not all consumers can buy. What happens is that the consumer has the ability to change consumer relations, as interest arises and demands for such products increase, companies will be forced to change the way they produce organic food, which means it tends to popularize production, consumption more and lower price.