Imagine you are a manager at a local bakery that specializes in producing artisa

Imagine you are a manager at a local bakery that specializes in producing artisanal bread. Over the past year, the price of wheat, a key ingredient in bread production, has risen significantly due to a poor wheat harvest. As a result, your bakery has been facing higher production costs.Question:
How do you expect the increase in the price of wheat to impact the market for artisanal bread? Discuss the likely effects on both the quantity demanded and the quantity supplied of your bread, considering the principles of supply and demand.