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final ss 5

market econamies

QuestionAnswer
supply the amount goods and services producers are willing to offer
law of supply prices go down supply goes down and when prices go up supply goes down
demand the amount of goods and services are willing to buy
law of demand prices go down demand goes up and when prices go up demand goes down
market price the price buyers and sellers are wiling to trade at
Created by: fionn mclaughlin
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