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  • 16-10-2021
  • Business
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How do you changing prices affect supply and demand?

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jardinelandrei
jardinelandrei jardinelandrei
  • 16-10-2021

Answer:

Increased prices typically result in lower demand, and demand increases generally lead to increased supply. However, the supply of different products responds to demand differently, with some products' demand being less sensitive to prices than others.

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