victoriaivette02
victoriaivette02 victoriaivette02
  • 15-03-2021
  • Social Studies
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Explain how supply and demand works

Respuesta :

helenaberryman110 helenaberryman110
  • 15-03-2021

Answer:

Explanation:

Supply and demand, in economics, relationship between the quantity of a commodity that producers wish to sell at various prices and the quantity that consumers wish to buy.  In equilibrium the quantity of a good supplied by producers equals the quantity demanded by consumers.

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