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Macroeconomics 11th Edition by Stephen Slavin
Edition 11ISBN: 978-0077641559Macroeconomics 11th Edition by Stephen Slavin
Edition 11ISBN: 978-0077641559 Exercise 37
Circle the letter that corresponds to the best answer. The price system is based on _____.
A) government regulation (i.e., the government sets most prices)
B) the individual whim of the businessperson who sets it
C) the feelings of the individual buyer
D) supply and demand
A) government regulation (i.e., the government sets most prices)
B) the individual whim of the businessperson who sets it
C) the feelings of the individual buyer
D) supply and demand
Explanation
Verified
Verified
In economics, price mechanism describes ...
Macroeconomics 11th Edition by Stephen Slavin
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