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    Managerial Economics Study Set 3
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    Exam 3: Demand and Supply
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    The Supply of a Product Does Not Depend On
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The Supply of a Product Does Not Depend On

Question 49

Question 49

Multiple Choice

The supply of a product does not depend on:


A) raw material costs.
B) wage rates.
C) consumer incomes.
D) technology.

Correct Answer:

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