MJ Civics: Economic systems Flashcards

MJ Civics: Economic systems

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Question

How do supply and demand influence prices in a capitalist economy?

Answer

Prices fluctuate due to availability of goods and amount of consumer demand

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Card 1 of 15

MJ Civics: Economic systems

0 / 15

Question

Answer

Prices fluctuate due to availability of goods and amount of consumer demand

Know itStill learning

Card 1 of 15