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    Introduction to Business
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    Exam 1: Understanding Economic Systems and Business
  5. Question
    When Demand and Supply Meet, the Price of the Product
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When Demand and Supply Meet, the Price of the Product

Question 133

Question 133

Multiple Choice

When demand and supply meet, the price of the product or service is established.This is the point of:


A) price intersection
B) monetary value
C) interaction
D) equilibrium
E) price stabilization

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