3
QuizMultiple Choice

The American Market Economy — Test

Question 3 • Economics

Supply and demand coordinate to determine prices by working

Answer
A
with other factors.
B
competitively.
C
together.
D
separately.

Explanation

Supply and demand work together to determine the market price. Buyers’ demand and sellers’ supply interact, and their intersection establishes the price at which the quantity buyers want equals the quantity sellers offer. Therefore, the correct choice is “together.”

AI-written and checked against the verified answer.

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