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    Microeconomics Study Set 29
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    Exam 5: Markets in Action
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    Each Point on a Demand Curve Shows the Quantity
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Each Point on a Demand Curve Shows the Quantity

Question 100

Question 100

Multiple Choice

Each point on a demand curve shows the quantity. The demand curve therefore shows the product. Each point on a demand curve shows the quantity. The demand curve therefore shows the product.     A)  maximum; cost B)  minimum; value C)  minimum; cost D)  equilibrium; equilibrium price E)  maximum; value Each point on a demand curve shows the quantity. The demand curve therefore shows the product.     A)  maximum; cost B)  minimum; value C)  minimum; cost D)  equilibrium; equilibrium price E)  maximum; value


A) maximum; cost
B) minimum; value
C) minimum; cost
D) equilibrium; equilibrium price
E) maximum; value

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