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    Principles of Economics Study Set 1
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    Exam 3: Supply and Demand
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    To Understand How the Price of a Good Is Determined
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To Understand How the Price of a Good Is Determined

Question 83

Question 83

Multiple Choice

To understand how the price of a good is determined in a free market, one must account for the desires of:


A) buyers.
B) sellers.
C) governmental agencies.
D) buyers and sellers.

Correct Answer:

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