Natee3 Natee3
  • 19-09-2017
  • History
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How does the price system respond to surpluses and shortages?

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AnimeBrainly
AnimeBrainly AnimeBrainly
  • 19-09-2017
The price system responds in this manner:

surpluses ( more than enough): the prices drop, so that they could sell more
shortages ( not enough): prices rise, because demand is high, they can make more money like that

hope this helps
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jeff89 jeff89
  • 19-09-2017
question choices please ? so i can help u
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