supply and demand coordinate to determine prices by working\ntogether.\ncompetitively.\nwith other…
supply and demand coordinate to determine prices by working\ntogether.\ncompetitively.\nwith other factors.\nseparately.
Answer
Brief Explanations:
In a market - based economy, supply and demand interact competitively to determine prices. When the quantity supplied and the quantity demanded meet at the equilibrium point, the price is set. This is a fundamental concept in economic theory where the forces of supply and demand act as competitors in the market to reach a price - quantity equilibrium.
Answer:
competitively.