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    Principles of Economics Study Set 12
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    Exam 6: The Supply Curve and the Behavior of Firms
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    In a Competitive Market, Price Is Taken as Given by
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In a Competitive Market, Price Is Taken as Given by

Question 141

Question 141

Multiple Choice

In a competitive market, price is taken as given by


A) both buyers and sellers.
B) neither buyers nor sellers.
C) buyers only.
D) sellers only.
E) the government.

Correct Answer:

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