Economy, asked by brinda138, 8 months ago

explain how the price of a good is determined by market forces??

Answers

Answered by Anonymous

8

Answer:

Supply and Demand are the two prime factors which determine the market prices of different assets. Its very simple theory, if the demand is increasing in the market while the supply remains unchanged, in that case the price of item increases. ... The price of the asset also increases

Answered by Anonymous

2

This is a simple theory that as the demand of goods in the people increase the prices of the products will increase......

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