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book Microeconomics 9th Edition by Stephen Slavin cover

Microeconomics 9th Edition by Stephen Slavin

Edition 9ISBN: 9780077426767
book Microeconomics 9th Edition by Stephen Slavin cover

Microeconomics 9th Edition by Stephen Slavin

Edition 9ISBN: 9780077426767
Exercise 12
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
Explanation
Verified
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In economics, price mechanism describes ...

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Microeconomics 9th Edition by Stephen Slavin
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