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In free markets the price of a product depends on how much consumers are willing and able to buy and how much the producers are
In free markets the price of a product depends on how much consumers are willing and able to buy and how much the producers are willing and able to sell. What does the market price depend on in a free market?
Multiple choice question.
The government negotiating the price with consumers and producers
The price imposed by producers
Supply and demand
The price imposed by consumers
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