CameraIcon
CameraIcon
SearchIcon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

Interplay of market forces refers to __________.

A
demand and supply
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
B
intensity of consumer demand and patience of supplier
No worries! We‘ve got your back. Try BYJU‘S free classes today!
C
government regulations
No worries! We‘ve got your back. Try BYJU‘S free classes today!
D
all the the above
No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution

The correct option is B demand and supply
Market forces is the situation where the actions of buyers and sellers cause the prices of goods and services to change without the involvement of government. It basically is represented by demand and supply. Hence, interplay of market forces refers to demand and supply.

flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
The Supply Shifters
ECONOMICS
Watch in App
Join BYJU'S Learning Program
CrossIcon