oddie45 oddie45
  • 25-03-2022
  • Business
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how supply and demand affect the price of a good

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vanrouge
vanrouge vanrouge
  • 26-03-2022

Answer:

According to the law of supply and demand, when the demand of a good exceeds supply, the price of the good tends to rise. But when the supply of a good exceeds demand, the price of the good tends to fall.

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