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Alinara [238K]
4 years ago
13

Explain how a market economy reacts to consumers.

History
1 answer:
Anna [14]4 years ago
3 0

Answer:What is a Market Economy? ... The principle of market economy dictates that producers and sellers of goods and services will offer the highest possible price that consumers are willing to pay for goods or services. When the level of supply meets the level of demand, a natural economic equilibrium is achieved.

Explanation:

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