Social Studies, 07.04.2021 05:30 JessicaSontay8841

Which statement best summarizes the role of supply and demand in setting prices for goods A. Prices are set by finding A balance between the high prices sellers prefer and the low prices buyers prefer
B. Prices are set by sellers creating large supply of product and then determining how much demand exist
C. prices are set by identifying the demand for a product at a certain price and convincing buyers to pay a little more
D. prices are set by adding up the total supply and demand of a product and converting it in to a dollar amount

Answers: 2

Show answers

Other questions on the subject: Social Studies

Social Studies, 22.06.2019 01:00, morganhines181

Why was trump elected in the first place? ‍♂️

Answers: 2

continue

Social Studies, 22.06.2019 15:00, jadawada223

2. explain the two different types of egyptian calendars. 3. what architectural advances did the ancient egyptians make? what impact do these advances have on our lives today? 4. what did egyptian art usually depict? how does this compare to forms of art that we see today? 5. what all was found in king tut’s tomb?

Answers: 1

continue

Social Studies, 22.06.2019 21:30, youngdelvin123

Which beliefs and principles in the declaration of independence and the us constitution create a national identity

Answers: 3

continue

Social Studies, 22.06.2019 23:00, alexam2007

How many soultions does the system of equations have y= -6x + 330x + 5y = 15a. one b. twoc. infinity manyd. none

Answers: 1

continue

You know the right answer?

Which statement best summarizes the role of supply and demand in setting prices for goods A. Price...