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 sentence best states a central idea of the text?
trasher [3.6K]
Answer
b
explanation
cause it makes the most sense
4 0
3 years ago
Read this passage from Beowulf, in which Wiglaf, one of Beowulf's men, speaks to his companions as Beowulf battles the dragon. W
kati45 [8]
Wiglaf is presented as Beowulf's savior and helper. He is there to mentor Beowulf and is an important character in this excerpt.
6 0
3 years ago
Read 2 more answers
What do I do to get the right answer
emmainna [20.7K]
Answer: B Explanation: paraphrases everything said.
6 0
3 years ago
Which one of the following sentences contains an incorrect usage of the singular possessive?
vladimir1956 [14]

Answer:

A.

Explanation:

A singular possessive noun is created by adding apostrophe (') to the noun.  This is done so in order to show the possession of the noun.

But to use apostrophe to create singular noun possession there are certain grammatical rules.

If a singular noun is ending with 's' then apostrophe can be added after with the word without adding 's' or with adding 's'. Both ways are correct.

In option A, there is no possession shown. And the correct usage of singular possession for option A would be "Mary was dominant among Jesus' disciples.

So, the correct answer is Option A.

4 0
3 years ago
Read 2 more answers
Eassy<br> where you see yourself in 10 years ?​
Olegator [25]
I see myself hopefully having a job that will support me in life so that i will have a good future. i see me surround myself with family everyday because they help me the best.
5 0
3 years ago
Read 2 more answers
Other questions:
  • how is a letter used a form of argument A) to establish that your will one day reach a wider audience. B) to display a more form
    15·1 answer
  • The Greeks believed the powers of the gods explained natural events. For example, thunderstorms over land occurred when Zeus bec
    14·1 answer
  • What aspect does not provide context in a portrait?
    15·2 answers
  • John Dryden's critical essays foreshadow the satire of which eighteenth-century writer?​
    7·2 answers
  • Select the correct answers
    12·1 answer
  • What does Brian compare the insects to? In the book Hatchet...
    8·1 answer
  • I WILL MARK YOU AS A BRAINLEST
    9·1 answer
  • Which revision best uses dialogue to improve the sentence?
    11·1 answer
  • Help me pleaseeeeeeeee
    10·2 answers
  • Looking for a fifteen year old girl-friend
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!