Which of the Following Is Not an Assumption Underlying the Supply

question 45

Multiple Choice

Which of the following is not an assumption underlying the supply and demand model?

• A) The focus is on supply and demand in a single market.
• B) All goods sold in the market are identical.
• C) Different firms sell their goods at different prices.
• D) There are many producers and consumers in the market.

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Definitions:

Chinese

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