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The biggest force of supply and demand relates to price if there is a low supply and and a high demand , the supply goes to those that are willing to pay the most.
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∙ 15y ago
Wiki User
∙ 11y agofree market
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When the government actively lessens its role and lets natural forces of supply and demand take over?
Deregulation
Adam Smith tried to show that natural economic forces of supply and demand were linked to what?
Profit / Economic growth
How Excess demand and excess supply eliminated by market forces?
Excess demand is easily eliminated by market forces. If either the price or the supply goes up, demand will decrease exponentially.
What are two common market forces?
Two common market forces are supply and demand.
What forces that make market economies work are?
supply and demand
When the government actively lessens its role and lets natural forces of supply and demand take over?
Deregulation
Adam Smith tried to show that natural economic forces of supply and demand were linked to what?
Profit / Economic growth
How Excess demand and excess supply eliminated by market forces?
Excess demand is easily eliminated by market forces. If either the price or the supply goes up, demand will decrease exponentially.
What are two common market forces?
Two common market forces are supply and demand.
What forces that make market economies work are?
supply and demand
What two forces regulate the free market economy?
Basically, the two forces are supply and demand.
What are the factors associated with economic order quantity?
Demand and supply forces
How is price decided in capitalism?
Mainly by market forces, supply and demand.
How does the market theory of wage determination reflect the forces of supply and demand?
True
Why do prises go up after a natural disaster or war?
Supply and demand.
Why do you have scarcity?
because its prise is determined by interaction between both demand and supply forces
Marshal borrowed the concept of the forces of supply and demand from?
Smith and Ricardo AZ (928)
