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How are prices governed in a free market economy? a. As demand increases, prices go up. b. As demand decresases, prices go down. c. As demand increases and supply decreases, pri…

How are prices governed in a free market economy? a. As demand increases, prices go up. b. As demand decresases, prices go down. c. As demand increases and supply decreases, pri…
asked 70.9k views
21 votes
How are prices governed in a free market economy?

a.
As demand increases, prices go up.
b.
As demand decresases, prices go down.
c.
As demand increases and supply decreases, prices go up.
d.
As demand increases and supply decreases, prices go down.

asked
User Alfonse Pinto
by
7.5k points

1 Answer

7 votes
I believe the answer to your question is c
answered
User Soroosh Bateni
by
8.3k points
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