70.9k views
21 votes
How are prices governed in a free market economy?

a.
As demand increases, prices go up.
b.
As demand decresases, prices go down.
c.
As demand increases and supply decreases, prices go up.
d.
As demand increases and supply decreases, prices go down.

1 Answer

7 votes
I believe the answer to your question is c
User Soroosh Bateni
by
8.3k points
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