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IRISSAK [1]
2 years ago
12

How do changing prices affect supply and demand?

History
1 answer:
Vsevolod [243]2 years ago
7 0

Answer: The theory defines the relationship between the price of a given good or product and the willingness of people to either buy or sell it. Generally, as price increases, people are willing to supply more and demand less and vice versa when the price falls.

Explanation:

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