1. the says prices of goods will go up when the demand is high and the supply low. the price of goods will…

1. the says prices of goods will go up when the demand is high and the supply low. the price of goods will go down when the demand is low and the supply high. free enterprise system law of supply and demand government majority rule

1. the says prices of goods will go up when the demand is high and the supply low. the price of goods will go down when the demand is low and the supply high. free enterprise system law of supply and demand government majority rule

Answer

Brief Explanations:

The law of supply and demand is an economic principle stating that prices rise with high demand - low supply and fall with low demand - high supply.

Answer:

B. law of supply and demand