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5 October, 13:44

The price that is set by the interaction of supply and demand for product is called the market price, true or false?!

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Answers (2)
  1. K
    5 October, 17:13
    0
    Market Price: is when a unique price that is agreed by the buyer and seller in a trade of an open market during a time period.

    So the answer would be True: supply and demand (when a supply is required will determine how much that product will be sold for)
  2. A
    5 October, 17:22
    0
    would say that it is true. But I'm not completely sure
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