Which is true of how the market sets prices?

(1 point)
Responses

Prices are set by the expected sales.
Prices are set by the expected sales.

Prices are set by how much consumers will pay.
Prices are set by how much consumers will pay.

Prices are set by the size and location of market outlets.
Prices are set by the size and location of market outlets.

Prices are set by doubling the equilibrium price

Prices are set by how much consumers are willing and able to pay for a product or service.