133k views
4 votes
How does the market determine the price and the quantities supplied and demanded?

User Denbec
by
8.9k points

1 Answer

3 votes
The market determines the price and the quantities supplied and demanded because of the consumer, who ascribes a certain amount of value or need to certain products, which then raises or lowers the price and supply. 
User Oscar Acevedo
by
8.9k points

No related questions found