Seudónimo Seudónimo
  • 03-10-2021
  • Business
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how do changing prices affect supply and demand

how do changing prices affect supply and demand class=

Respuesta :

Aasanjuan
Aasanjuan Aasanjuan
  • 03-10-2021

Answer:

Increased prices typically result in lower demand, and demand increases generally lead to increased supply. However, the supply of different products responds to demand differently, with some products' demand being less sensitive to prices than others.

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