which statement best compares the laws of supply and demand?\no the two economic laws exist in theory. they…

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

Answer

Brief Explanation:

The laws of supply and demand are fundamental economic concepts. They are based on theoretical models but in reality, various factors like government policies, natural disasters, and technological changes can influence market outcomes. So, they work in practice but real - world factors can impact them.

Answer:

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