Free Enterprise 11. Under this system, how are prices determined?

asked Aug 14, 2023 211k views

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Free Enterprise

11. Under this system, how are prices determined?

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Answer:

prices are determined by the total cost of production

Silvansky answered Aug 15, 2023

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9 votes

Answer:

If the demand is high the prices climbs, if the demand is low, so is the price.

Step-by-step explanation:

Hope this helps.

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