josiecozelos
josiecozelos josiecozelos
  • 04-01-2021
  • History
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Explain how supply and demand keeps prices low at the grocery store.
PLEASE

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johnhawco7
johnhawco7 johnhawco7
  • 04-01-2021

Answer:

How does supply and demand affect prices

Explanation:

When demand exceeds supply, prices tend to rise. If there's an increase in supply for goods and services while demand runs the same, prices tend to fall  to a lower equilibrium price and a higher equilibrium quantity of goods and services.

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