Explain how supply and demand work together to determine prices of a good or service

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asked Feb 9, 2019 169k views

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Jeff Tratner · Answer 1 · 2019-02-14T21:59:53+0000

when the supply is greater than the demand the prices tend to go down but when demand is higher than supply then the prices start to go up because more people want more of the good than whats being produced

Hope I helped ~kashout kam

Explain how supply and demand work together to determine prices of a good or service

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