How does the market determine the price and the quantities supplied and demanded?

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23-11-2015
History

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How does the market determine the price and the quantities supplied and demanded?

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HistoryGuy HistoryGuy · Answer 1 · 2015-12-04T19:16:26+01:00

HistoryGuy HistoryGuy

04-12-2015

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.

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