Home » Classroom » SS1 Economics Price system, Demand – Meaning, Schedules, Curves, Laws Question

Define price system and demand - SS1 Economics Price system, Demand – Meaning, Schedules, Curves, Laws Question

Define price system and demand

Ask EduPadi AI for a Detailed Answer

The price system is a system that determines the distribution of goods and services and demand refers to the quantity of goods and services that consumers are willing and able to buy at a particular price and time period.

Please share this, thanks:

#SS1 #SS1

Add your answer

Notice: Please post responsibly.

No responses