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Alex73 [517]
3 years ago
14

12. In the price system of a market economy, prices are determined by

History
1 answer:
iogann1982 [59]3 years ago
7 0

Answer:

prices are mainly decided by the supply and demand. However it must be noted that general economic conditions, consumer preferences, substitute prices and government activities can indirectly influence the prices.

Explanation:

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