Economy, asked by ankit1995tembhare, 4 months ago

The central role of markets is
to determine the

Answers

Answered by aniketvermaav44

Answer:

Explanation: determine the price of a product. Prices affect what is produced, and who can afford what's produced.

Answered by Anonymous

Tʜᴇ ʀᴏʟᴇ ᴏғ ᴛʜᴇ ᴍᴀʀᴋᴇᴛ ɪs ᴅᴇғɪɴᴇᴅ ʙʏ ᴛᴡᴏ ʟᴀᴡs: ᴛʜᴇ ʟᴀᴡ ᴏғ sᴜᴘᴘʟʏ ᴀɴᴅ ᴛʜᴇ ʟᴀᴡ ᴏғ ᴅᴇᴍᴀɴᴅ.Tʜᴇ ᴍᴀʀᴋᴇᴛ ɪɴᴄʟᴜᴅᴇs ᴄᴏɴsᴜᴍᴇʀs ᴀɴᴅ ᴘʀᴏᴅᴜᴄᴇʀs, ᴡʜᴏ ᴛᴏɢᴇᴛʜᴇʀ ᴅᴇᴛᴇʀᴍɪɴᴇ ᴛʜᴇ ᴘʀɪᴄᴇ ᴏғ ᴀ ᴘʀᴏᴅᴜᴄᴛ. Pʀɪᴄᴇs ᴀғғᴇᴄᴛ ᴡʜᴀᴛ ɪs ᴘʀᴏᴅᴜᴄᴇᴅ, ᴀɴᴅ ᴡʜᴏ ᴄᴀɴ ᴀғғᴏʀᴅ ᴡʜᴀᴛ's ᴘʀᴏᴅᴜᴄᴇᴅ.

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