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The Equilibrium Price in a Market Is Established Subject to the All

Question 88

Multiple Choice

The equilibrium price in a market is established subject to the all other things unchanged condition and, therefore, very well may change due to:


A) a change in the price of the good.
B) a change in the quantity of the good.
C) a change in the price of resource inputs used to produce the good.
D) any of the above.

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