Science, asked by wwwswastimamagar, 1 month ago

describe the method of price determination of goods and services with examples

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Answered by samarthcv

The price of a product is determined by the law of supply and demand. Consumers have a desire to acquire a product, and producers manufacture a supply to meet this demand. The equilibrium market price of a good is the price at which quantity supplied equals quantity demanded.

Answered by llDiplomaticGuyll

Answer:

hlo samarthcv

Explanation:

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