Solved

Regarding Demand and Supply,which of the Following Statements Is NOT

Question 12

Multiple Choice

Regarding demand and supply,which of the following statements is NOT correct?


A) ​Demand and supply simultaneously determine equilibrium market price
B) ​Demand expresses intentions,but supply does not
C) ​Demand is a potential concept distinguished from the transactional even of "units sold"
D) ​Supply is more like scenario planning for operations than for actual production
E) ​all of the above statements are correct

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents