In a market economy supply and demand work to:
A. Create business competition
B. Increase economic scarcity
C. Set the price of goods
D. Lower profits for business

Answers

Answer 1

Answer:

B

Explanation

Obviously the answer would not be D because then the businesses would go out of business but the answer is also not C because then it would be harder to gain more money it isnt A because compitition means that you buisness could go under quicker if you are not careful

I think the answer is C because scarcity means necesity meaning more people would need to buy from you


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