Economy, asked by nupurvi2226, 1 year ago

What (or who) determines the prices of goods and services?

Answers

Answered by Vinuz
11
Price for goods and services depends on different factors. Basically on the market structure it belongs to, competition in the market, uniqueness of the product,government intervention, monopoly feature of the market etc and ultimately based on demand and supply of the product and related products.
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