kelsiejo103 kelsiejo103
  • 12-10-2020
  • Geography
contestada

How do the "laws of supply and demand" operate in a market economy?

Respuesta :

KioBae22
KioBae22 KioBae22
  • 12-10-2020

Answer:when demand increases and supply remains the same, the higher demand leads to a higher equilibrium price and vice versa.

Answer Link

Otras preguntas

what is the value of x
Based on the suggestions in part a of the systems analyst's toolkit, what visual aids should susan use during her presentation?
(15 POINTS) LORD OF THE FLIES, PLEASE HELP!!!! I did the first 2, please help me with the rest.
CLICK THE PICTURE :)
What type of economic system does Brazil have A. free market B. government controlled C. free market with government controlled education and banks D. free mark
Which of the following sparked the french revolution? A. enlightenment ideas about natural rights and government B. the great cultural achievements of the Renai
The diagram represents one of Mendel’s laws or principles of inheritance. mc014-1.jpg Which law or principle does the diagram represent? dominance independen
An important new factor that influenced american foreign policy after 1865 was
Which verb form correctly completes this sentence? La quinceañera y su padre ____________ el vals al llegar al lugar de la fiesta. bailabas bailaba bailá
Food choices can be influenced by environmental factors, such as