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coldgirl [10]
2 years ago
13

How does the market determine the price and the qualities supplied and demanded

History
1 answer:
pav-90 [236]2 years ago
5 0

Answer:

A key function of the market is to find the equilibrium price when supply and demand are in balance. At this price, the goods supplied are equal to what is being demanded thereby bringing about the most efficient allocation of the goods.

Explanation:

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