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Which of the Following Statements Is True

Question 15

Multiple Choice

Which of the following statements is true?


A) As price falls, the amount of a good producers are willing to put on the market for sale increases.
B) As prices rise, the amount of a good that consumers buy increases.
C) Since demand and supply curves intersect, the market will always be in equilibrium.
D) A position of disequilibrium in the market is corrected by market forces.

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