Question:
Explain the concept of "supply and demand" in economics and how it influences the pricing of goods and services.
A) Supply and demand determine prices based on consumer preferences.👍
B) Government regulates prices irrespective of supply and demand.👌
C) High demand always leads to lower prices.❤️
D) Supply alone dictates prices in the market.🙏
Divyanshu Nigam -- AIR 44 CSE 2020
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AYUSH gupta - AIR 98, CSE 2020
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Question:
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UPSC Notes CSE Notes:
Geography notes by Kasturi Panda AIR 67, 2022
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