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social studies

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When do the laws of supply and demand have less effect on prices?

a) when a good or service is new
b)when outside factors cause changes (my choice)
c) when buyers dislike the prices that sellers change
d) when sellers want to make more money

  • social studies - ,

    All of the above??

  • social studies - ,

    b can be true, depending on the outside factors. Coming to mind, is government price controls.

  • social studies - ,

    It seems like b is the best, although I think there is supply and demand involved in that too.

  • social studies - ,

    the question says which is LEAST

  • social studies - ,

    Its d

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