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What determins the price of an item?

What determins the price of an item?. Correct! The price of an item is determined by those who buys it!. If nobody wants to pay for it, nobody will provide it. If people really want the item, they are willing to pay a lot for it. Thus, many will want to provide it in the long run.

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Logic user - PowerPoint PPT Presentation

What determins the price of an item?