sarishna176
sarishna176 sarishna176
  • 24-04-2021
  • Social Studies
contestada

how is the price of the good determined in the market? Write with example​

Respuesta :

ryuvrajsingh1298
ryuvrajsingh1298 ryuvrajsingh1298
  • 24-04-2021

Answer:

please give me brainlist and follow

Explanation:

The market price of an asset or service is determined by the forces of supply and demand. The price at which quantity supplied equals quantity demanded is the market price. The market price is used to calculate consumer and economic surplus. ... Economic surplus is the sum total of consumer surplus and producer surplus.

Answer Link

Otras preguntas

Which of the following was not a major action taken by the USA during the Vietnam War? Spending money to help with the war Sending the VP on a fact-finding miss
Which foods help iron increase in your body?
… we shall pay any price, bear any burden, meet any hardship, support any friend, oppose any foe … Why is this statement from John F. Kennedy’s Inaugural Addres
Would it be possible for quadratic to have more than one factored form? Why or why not.
What is the measure of ∠B? A. 38° B. 52° C. 128° D. 142°
Which of the following is true regarding vaccinations and condoms as STI prevention methods?
28. The table below shows some of the values of x and y for a linear function. x y 0 2 1 5 2 8
I need 5 divisions with decimals
plz help......................
If a security plots to the right and below the security market line, then the security has ____ systematic risk than the market and is _____. more; overpriced m