Question

How do price changes drive markets toward equilibrium?

a. They set new price floors and ceilings.
b. They increase or decrease supply or demand.
c. They ensure that prices are fair.
d. They prevent inflation or deflation.

Answer 1

The right answer for the question that is being asked and shown above is that: "b. They increase or decrease supply or demand." price changes drive markets toward equilibrium is that b. They increase or decrease supply or demand.