Explain why it is important that prices are flexible. Analyze if you were a manager of a store and how would you deal with a surplus and a shortage. Explain how the law of demand relates to a recent purchase that you have had to make.

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01-04-2022
Business

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Explain why it is important that prices are flexible. Analyze if you were a manager of a store and how would you deal with a surplus and a shortage. Explain how the law of demand relates to a recent purchase that you have had to make.

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Ayo138 Ayo138 · Answer 1 · 2022-04-01T10:14:05-04:00

Ayo138 Ayo138

01-04-2022

Answer:

Price Flexibility is one of the most important practices in our economy to maintain the law of demand and supply. It is also very helpful in the price.

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