Social Studies
Social Studies, 03.02.2020 03:50, joey4843

In microeconomics, price determine both supply and demand. which other factors also determine each?

supply is determined by production costs, and demand is determined by need for the product.

supply is determined by production costs, and demand is determined by producer behavior.

supply is determined by consumer behavior, and demand is determined by aggregate demand.

supply is determined by producer behavior, and demand is determined by need for the product.

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