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Those Things Held Unchanged When an Equilibrium Price Is Established

Question 93

Multiple Choice

Those things held unchanged when an equilibrium price is established:


A) are called demand shifters if a change in one (or more) of them would change demand.
B) include only supply shifters.
C) seldom change, and therefore prices and quantity in most markets are remarkably stable.
D) never change, by definition.

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