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hjlf
3 years ago
8

How does the price system respond to surpluses and shortages?

History
2 answers:
jek_recluse [69]3 years ago
6 0
The price system responds in this manner:

surpluses ( more than enough): the prices drop, so that they could sell more
shortages ( not enough): prices rise, because demand is high, they can make more money like that

hope this helps
Triss [41]3 years ago
6 0
Question choices please ? so i can help u
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