Lachapepe4r Lachapepe4r
  • 01-02-2017
  • Business
contestada

In microeconomics, price helps determine both supply and demand. which other factors also help determine each?

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MissPhiladelphia
MissPhiladelphia MissPhiladelphia
  • 10-02-2017
The other factors that also help determine each would be that the supply is determined by production costs, and demand is determined by need for the product. Hope this answers the question. Have a nice day.
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SenpaiTrill
SenpaiTrill SenpaiTrill
  • 11-02-2017
Hello there.

In microeconomics, price helps determine both supply and demand. which other factors also help determine each?
Supply is determined by production costs, and demand is determined by need for the product.
Answer Link

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