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Gennadij [26K]
3 years ago
8

How are prices determined in a pure-market economy?

Social Studies
1 answer:
lara [203]3 years ago
7 0
The relationship of demand and supply determines market prices. A balance of demand and supply factors determines an equilibrium price. When demand or supply, or both, shifts or moves, the equilibrium price changes.

(Hope this helps!!) Can I pls have a brainliest??
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What were the cause of downfall in panchyat system​
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What tribe of Native Americans was living where the Pilgrims landed?
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The Wampanoag

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<h3>Who are the expansionists?</h3>

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However, the movement failed mainly because of the fear that the nation could not assimilate the large non-white Catholic population.

Read more about expansionists

<em>brainly.com/question/13602562</em>

<em />

#SPJ2

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