Markets do not determine the quantity of goods sold,only the price.

Name: Markets do not determine the quantity of goods sold,only the price.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Markets do determine both the quantity of goods sold and the price. The demand for a product or service by consumers and the supply of that product or service provided by producers ultimately determine the equilibrium price and quantity sold in a market economy.

Markets Do Not Determine the Quantity of Goods Sold,only the Price