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    Principles of Microeconomics Study Set 11
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    Exam 3: Demand and Supply
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    The _______ Is the Only Price Where Quantity Demanded Is
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The _______ Is the Only Price Where Quantity Demanded Is

Question 21

Question 21

Multiple Choice

The _______ is the only price where quantity demanded is equal to quantity supplied.


A) equilibrium price
B) horizontal axis intercept
C) vertical axis intercept
D) market price

Correct Answer:

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