In a market economya supply determines demand and demand in, Ask an Expert

Economics

In a market economy,

a. supply determines demand and demand, in turn, determines prices.

b. demand determines supply and supply, in turn, determines prices.

c. the allocation of scarce resources determines prices and prices, in turn, determine supply and demand.

d. supply and demand determine prices and prices, in turn, allocate the economy’s scarce resources..

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91519531

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