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Economic Issues and Policy 5th Edition by Jacqueline Murray Brux
Edition 5ISBN: 9780538750875Economic Issues and Policy 5th Edition by Jacqueline Murray Brux
Edition 5ISBN: 9780538750875 Exercise 5
Equilibrium implies that quantity demanded equals quantity supplied at a particular price. Must consumers and producers actually sit down to discuss and decide on an equilibrium market price, such as we may see in a farmers' market or a flea market Why or why not
Explanation
Verified
Verified
No, consumers and producers could not si...
Economic Issues and Policy 5th Edition by Jacqueline Murray Brux
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