Ask Question
6 September, 05:43

How do prices connect markets in an economy?

+3
Answers (1)
  1. 6 September, 06:08
    0
    When prices are low for a product, producers will produce less of that product, but consumers will buy more. How do prices connect markets in an economy? ... When the quantity supplied for a product is equal to the quantity demanded for the product, that quantity is the equilibrium quantity.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “How do prices connect markets in an economy? ...” in 📙 History if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers