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Question Practice

What primarily determines the price of goods in a market?

Attempt the question, check the explanation, and continue with similar questions to build confidence before exams.

MCQ_SA
CBSE
Class 7
Social Science
Exploring Society India and Be...
Understanding Markets
Question Bank

What primarily determines the ...

Single Answer MCQ
Q-00130594

What primarily determines the price of goods in a market?

1

Government regulations only

2

Services provided by retailers

3

Negotiation between buyers and sellers

4

Brand reputation

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