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How does the price system respond to surpluses and shortages?
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Mar 20, 2018
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How does the price system respond to surpluses and shortages?
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Reid Ballard
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question choices please ? so i can help u
SunnyIsaLearner
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Mar 23, 2018
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The price system responds in this manner:
surpluses ( more than enough): the prices drop, so that they could sell more
shortages ( not enough): prices rise, because demand is high, they can make more money like that
hope this helps
Saeed Shahrivari
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Mar 27, 2018
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