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Explain how supply and demand keeps prices low at the grocery store.
PLEASE

User Lesya
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1 Answer

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Answer:

How does supply and demand affect prices

Step-by-step explanation:

When demand exceeds supply, prices tend to rise. If there's an increase in supply for goods and services while demand runs the same, prices tend to fall to a lower equilibrium price and a higher equilibrium quantity of goods and services.

User David Murdoch
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