1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Evgen [1.6K]
3 years ago
11

How are prices determined in a market

English
1 answer:
Mazyrski [523]3 years ago
6 0

Answer:

Demand and supply

Explanation:

In a market, the demand for a product and the supply of the products affect the price of them.

If a product has limited supply, the price will rise because it is rarer.

If a product has a lot of supply, the price will decrease because it is common.

If product demand is high, prices will rise because sellers want to earn more money.

If product demand is low, prices will sink because sellers need to make some sort of revenue and if the product doesn't sell, they've lost money. If they sell it at a lower price, at least they make some money back.

Of course, there are more factors but demand and supply are the main two, especially in a free market economy.

You might be interested in
Which fits a Pentad under the category of agencies
Sveta_85 [38]
One example would be<span> me, the other lifeguards, and the swimmers.
Under categories of Agencies, pentad refers to The group of people or the organization that committed to a certain action within a certain environment
In a swimming pool, lifeguards, customers, and swimmers are the group of people that doing the action.</span>
8 0
3 years ago
Which of the following sentences is gram-
expeople1 [14]

Answer:

D. We took him to the store and then went to the library.

Explanation:

We took him to the store, and then went to the library.

Needs a comma after store.

4 0
2 years ago
What is the function of the relative pronoun in the adjective clause?
lara [203]
Based on the sentence provided above, the correct answer is <span>D. </span><span>direct object. It tells us more information about which picture was the subject which answers the question "who". Direct object as used in the sentence requires someone to receive the action.</span>
3 0
3 years ago
SHORT ANSWER
Aleonysh [2.5K]
Beowulf ????????????????????????
5 0
3 years ago
When Lincoln asks if it is possible to lose the nation, and yet preserve the constitution what is he referring to?
Lesechka [4]
This may help...

The right answer for the question that is being asked and shown above is that: "The possibility of abiding by the law while destroying the nation through war" When Lincoln asks if it is possible to lose the nation, and yet preserve the Constitution, he is referring to The possibility of abiding by the law while destroying the nation through war
8 0
3 years ago
Other questions:
  • Identify the relative pronoun we went to New Orleans, Which Is a beautiful city
    7·1 answer
  • What do a parable and a fable have in common?
    8·1 answer
  • I am neither foe nor friend to my brothers, but such as each of them shall deserve of me. And to earn my love, my brothers must
    5·1 answer
  • Read the introduction of a speech given by a school principal.
    6·2 answers
  • choose the word that best fills in the blank. He went into a long _______ about the outcome of the last election after it was me
    7·2 answers
  • How does the setting of a life at sea in Selection 1 affect the character?
    13·2 answers
  • Which pair of words are synonyms?
    5·1 answer
  •     
    10·2 answers
  • What does the sheriff think of his wifes fear? (jury of her peers)
    11·1 answer
  • Select the word that best completes the sentence.
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!