🎴 Flashcard Mode
Fruit Juice Economics
Card1 / 15
Mastered0
Review0
QuestionClick to flip
What is the main factor that determines the price of fruit juice?
AnswerClick to flip back
💡 Explanation:
The price of fruit juice is determined by the interaction of supply and demand. When the supply of fruit juice is high and the demand is low, the price will be low. When the supply of fruit juice is low and the demand is high, the price will be high.