The central roll of market is to determine the
Answers
Answered by
1
The role of the market is defined by two laws: the law of supply and the law of demand. In the study of economics, these laws apply whatever the arena: production, distribution, or consumption. They determine what will be produced, depending on available supplies for production and demand for the product, and how products are distributed (where are the markets for the product
Answered by
0
Explanation:
The role of the market is defined by two laws: the law of supply and the law of demand. ... They determine what will be produced, depending on available supplies for production and demand for the product, and how products are distributed (where are the markets for the product?).
Similar questions
English,
2 months ago
Computer Science,
2 months ago
English,
2 months ago
Science,
4 months ago
Social Sciences,
4 months ago
Physics,
11 months ago
Math,
11 months ago