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How does the law of supply and demand help determine the price of an item?

How does the law of supply and demand help determine the price of an item?
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How does the law of supply and demand help determine the price of an item?

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User ErikMD
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1 Answer

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A high demand item with a low supply will have a higher price than a low demand item with a high supply.
answered
User Desudesudesu
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