The price of any goods and services are determined by who?

Answer 1

In a free and unregulated market, prices are determine by the amount of available supply and the level of demand for that productr or service. Unfortunately, Today there is NO unregulated market any more and there fore prices are determined by supply and demand AND by the level of taxation/tarrif on any given product or service. A good example of this would be the price of Gasoline. If it were up to the market, they price would be about 1.50 a gallon; but, with the level of taxation on gasoline, the price is about 3.00 a gallon.

BB,
Raji teh Green Witch

Answer 2

The market place and futures speculators.