Sellers as a group determine the demand for a product, and buyers as a group determine the supply of a product.
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Q13: The law of demand is true for
Q14: All goods and services are sold in
Q15: The law of demand states that, other
Q16: Most markets in the economy are highly
Q17: In a perfectly competitive market, buyers and
Q19: In a competitive market, there are so
Q20: A yard sale is an example of
Q21: If something happens to alter the quantity
Q22: The demand curve is the upward-sloping line
Q23: A decrease in the price of a
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