which statement best compares the laws of supply and demand?\nthe two economic laws exist in theory. they…

which statement best compares the laws of supply and demand?\nthe two economic laws exist in theory. they have no relation to economics in the real world.\nthe two economic laws exist in theory. they work in practice, but real - world factors can have an effect.\nthe two economic laws work in practice. they apply to real - world economics eighty percent of the time.\nthe two economic laws work in practice. they prove to be true in the real world one hundred percent of the time.

which statement best compares the laws of supply and demand?\nthe two economic laws exist in theory. they have no relation to economics in the real world.\nthe two economic laws exist in theory. they work in practice, but real - world factors can have an effect.\nthe two economic laws work in practice. they apply to real - world economics eighty percent of the time.\nthe two economic laws work in practice. they prove to be true in the real world one hundred percent of the time.

Answer

Brief Explanations:

The laws of supply and demand are fundamental economic concepts. They work in practice, but real - world factors like government policies, natural disasters, and technological changes can influence them. So, they don't hold true 100% of the time.

Answer:

The two economic laws exist in theory. They work in practice, but real - world factors can have an effect.