In a free market economy, when consumers increase their purchase of a goods and the level of exceeds then prices tend to rise:
A. Demand, supply
B. Supply, demand
C. Prices, demand
D. Profits, supply
Answer:A
In a free market economy, when consumers increase their purchase of a goods and the level of exceeds then prices tend to rise:
A. Demand, supply B. Supply, demand C. Prices, demand D. Profits, supply