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Which of the Following Is NOT One of the Steps

Question 54

Multiple Choice

Which of the following is NOT one of the steps in analyzing how some event affects a market?


A) Determine the number of market participants.
B) Decide whether the curve shifts to the right or to the left.
C) Determine whether the event shifts the supply, the demand, or both curves.
D) Use a supply-demand diagram to examine how the shift(s) affect the equilibrium.

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