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Kitty [74]
3 years ago
8

Who determines the price in perfect markets?​

Business
1 answer:
Rasek [7]3 years ago
3 0

In a Perfectly Competitive Market or industry, the equilibrium price is determined <u>by the forces of demand and supply.</u> Equilibrium signifies a state of balance where the two opposing forces operate subsequently. An equilibrium is typically a state of rest from which there is no possibility to change the system.

Hope this answer helps you..

.

.

Select it as the BRAINLIEST

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The accounting equation is also known as the balance sheet equation. It relates the assets of a business to its liabilities and stockholders' equity. According to the accounting equation: Assets = stockholders' equity + liabilities

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Stockholders' equity = assets - liabilities

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