How does the market determine the price and the quantities supplied and demanded?

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asked Sep 10, 2016 133k views

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Oscar Acevedo · Answer 1 · 2016-09-16T10:46:37+0000

The market determines the price and the quantities supplied and demanded because of the consumer, who ascribes a certain amount of value or need to certain products, which then raises or lowers the price and supply.

How does the market determine the price and the quantities supplied and demanded?

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