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

Individuals with internal locus of control tend to be more prone to stress. true false
find the values of x and y that maximizes the objective function p=3x+2y for the graph. what is the maximum value?
Read these lines from the poem. The untamed heart to hand I brought, And fixed the wild and wandering thought. What effect does alliteration have in t
Match these items. Match the items in the left column to the items in the right column. 1.copyright word or words, symbol, or design that identifies a certain g
Who was Daniel Shays? Describe his actions in 1786.
read the sentence. The _____ is meeting this weekend. Which organization name shows correct capitalization? Natural Wonders Club natural wonders club Natural wo
How did the United States feel about the Soviet Union's contributions to the Space Race? They were happy that the Soviet Union was participating in space explo
Which of the following statements about energy producing technologies is true
A 0.133 pg sample of iron-59 produces 242 β-particles per second. what is the half-life of this isotope (in hours)
webs - transferring energy and matter from one level to another. Consider the food web you see here. Would you change this food web to make it more accurate? I