3 ms·
No cynicism is required. All market prices are determined by demand, which is defined as the desire and ability to obtain a good at a given price. It is tautolo
by abtinf 11y ago
No cynicism is required. All market prices are determined by demand, which is defined as the desire and ability to obtain a good at a given price. It is tautological to say that higher prices indicate a greater willingness and ability to pay.