the price of goods in a market is determined by the factors like
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The market price is the current price at which a good or service can be purchased or sold. The market price of an asset or service is determined by the forces of supply and demand; the price at which quantity supplied equals quantity demanded is the market price.
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Price determination depends equally on demand and supply; it is truly a balance of two market component. This essay will first explain key economic price determinant factors such as demand and supply drives and relationship between demand and supply.
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