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Capitalism

Question 3 • NY-Global History and Geography II

In a free market, determine(s) the price of goods.

Answer
A
government entities
B
supply and demand

Explanation

In a free market, prices are determined by the interaction of supply and demand. When demand rises or supply falls, prices tend to rise; when demand falls or supply rises, prices tend to fall. Therefore, “supply and demand” is the correct choice.

AI-written and checked against the verified answer.

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