Answer:
The price of a product is determined by the law of supply and demand. ... The equilibrium market price of a good is the price at which quantity supplied equals quantity demanded. Graphically, the supply and demand curves intersect at the equilibrium price.
Explanation:
The price of a product is determined by the law of supply and demand. Consumers have a desire to acquire a product, and producers manufacture a supply to meet this demand. The equilibrium market price of a good is the price at which quantity supplied equals quantity demanded. Graphically, the supply and demand curves intersect at the equilibrium price.
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To conclude the incline in the network penetration of cyberspace, the status of libraries will experience downfall as the internet provides a smooth flow of information, along with lesser damage to the environment. Numerous individuals assert that because of extensive internet availability, libraries have lost their significance. This essay agrees with this statement because firstly internet provides seamless information, and secondly, libraries are not environment friendly. So yes I agree
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