How do supplier and consumer use the price system?

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Moses

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18 December, 02:29

How do supplier and consumer use the price system?

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Maeve Galvan · Answer 1

The consumer. (suppliers goal to make a profit and the only way to do that is to satisfy customer) (if product made consumers dont want business will not remain long)

no one dictates what is produced, the price which it sells, or who buys it. All this happens through self-interested behavior of individual.