The cost of producing a good or service along with the demand for that good or service.
Supply and demand. Supply and demand determines the prices of goods and services in the market.
in a market economy.. the prices are decided by demand and supply....or compention
The price someone is willing to pay - in other words, the market.
the difference in market and government occurs in the allocation of resources and labor division which determines the prices
Adam Smith
Supply and demand. Supply and demand determines the prices of goods and services in the market.
in a market economy.. the prices are decided by demand and supply....or compention
The price someone is willing to pay - in other words, the market.
the difference in market and government occurs in the allocation of resources and labor division which determines the prices
Demand and supply in every market will determine the price differently.
The free market. On very few instances, such as gasoline, the government decrees an established price.
Adam Smith
Market driven means the market determines the price. In perfect competitions, the market determines the price of products, not the business.
supply and demand
Compention
A market in which no one controls the prices is called
Current money markets rates are mostly based on current stock market prices. It goes up and down daily so you can check your bank often in order to get a good rate locked in.