SEARCH
You are in browse mode. You must login to use MEMORY

   Log in to start


From course:

Intro to Modern Real Estate

» Start this Course
(Practice similar questions for free)
Question:

Supply, demand, and price interact continuously in a market

Author: Kevin Smith



Answer:

The dynamics of value and the costs of producing goods and services influence these forces. A market tends toward a state of market equilibrium in which supply equals demand and price, cost, and value are identical.


0 / 5  (0 ratings)

1 answer(s) in total