Economics
In an answer of at least two well-developed paragraphs, explain how supply and d

Question Description

In an answer of at least two well-developed paragraphs, explain how supply and demand work together to reach the equilibrium price in the marketplace.

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Final Answer

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when the supply is high,the demand is low while when the demand is high the supply of the commodity goes down

this is caused by the market type.it might be monopoly or poly.....

Please let me know if you need any clarification. I'm always happy to answer your questions.

Mary N188 (51)
UT Austin

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