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taurus [48]
3 years ago
13

I mean this is Econ but I don't see a category for it sooo...

History
1 answer:
inn [45]3 years ago
4 0

Answer:

The Invisible hand makes sure that the prices meet the demands and nothing is crazily priced.

Explanation:

The concept of competition is what causes this, as more producers enter a market the previous producers had to increase the quality of their products or decrease their price in order to make their goods more desirable so as someone finds a better way to produce the good at a better quality the other producers will have to make their good better as well in order to maintain their market share.

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