Business, 27.10.2020 20:30 ibarral37102
How do supply and demand help determine the price of a product?
A. By pressuring sellers to lower prices on products to the point that
most buyers can afford to buy them
B. By ensuring that products with a high level of demand will not
suffer from the substitution effect
C. By forcing buyers to accept higher prices so that sellers keep a
large supply of most products
D. By creating a balance between buyers who want low prices and
sellers who want high prices
Answers: 2
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How do supply and demand help determine the price of a product?
A. By pressuring sellers to lower p...
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