0
In what economyt he price of apples will be determined by supply and demand?
Wiki User
∙ 14y ago
In all eceonomies wherever you are the price of anything is determined in part by supply and demand. There are many variables in the equation including, but not limited to: monetary policy of the currency of exchange, government regulations and taxes, distribution levels (wholesale / retail), overall production vs. all available monies for purchasing of the item. ALL OF THE VARIABLES OTHER THAN PRODUCTION vs. TOTAL MONEY AVAILABLE MARKET WIDE FOR PURCHASE ARE TAXES USED TO MANIPULATE A FREE MARKET. Tracker 13
Wiki User
∙ 14y ago
Add your answer:
Earn +20 pts
How are wages determined in a free market?
by the laws of supply and demand
In what type of system is the price determined by supply and demand?
the market system!!!!
How are prices determined in a well functioning economy?
By simple supply and demand theory. The more demand, or the less supply, will lead to higher prices. The less demand, or more supply, will lead to lower prices.
How does value of stocks come down?
The price of stocks is determined by the Demand and Supply theory. When there is a heavy demand for stocks and the supply is less then the prices go up. When there is a heavy supply of stocks and there is less demand then the prices go down.
Flexible exchange rates are determined by?
By the demand and supply of currencies in the global exchange market.
What is the value of a good or service is determined by?
Value is determined by the demand and the supply
How are wages determined in a free market?
by the laws of supply and demand
How are stocks prices determined?
Supply and demand set stock prices.
In what type of system is the price determined by supply and demand?
the market system!!!!
How are prices determined in a well functioning economy?
By simple supply and demand theory. The more demand, or the less supply, will lead to higher prices. The less demand, or more supply, will lead to lower prices.
What law is illustrated in this diagram?
The diagram illustrates the law of supply and demand. It shows how the equilibrium price and quantity are determined by the intersection of the supply and demand curves.
How can price be determined in a free market economy?
In a perfect free-market economy, price is determined by supply and demand.
How does value of stocks come down?
The price of stocks is determined by the Demand and Supply theory. When there is a heavy demand for stocks and the supply is less then the prices go up. When there is a heavy supply of stocks and there is less demand then the prices go down.
Why do you have scarcity?
because its prise is determined by interaction between both demand and supply forces
Flexible exchange rates are determined by?
By the demand and supply of currencies in the global exchange market.
Why is gold so much money?
As with any other commodity, price is determined by supply and demand. Gold has a relatively low supply with high demand, which causes the price to rise.
How are currency exchange rates are calculated?
Currencies exchange rate are not calculated but determined by the market supply and demand. If the demand is higher than the supply the price will go up and vice versa.
