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Which of the Following Is Not True of Equilibrium Price

question 21

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Which of the following is not true of equilibrium price?


Definitions:

Resistant To Change

The inclination to oppose or struggle against modifications to one's routine, environment, work, or beliefs.

Automatic Attitudes

Immediate, reflexive responses that are influenced by underlying preferences and prejudices.

Deliberate Attitudes

Beliefs and feelings that are consciously held and formed through reflection and reasoning.

Dissonance

A mental struggle arising from holding conflicting attitudes and beliefs at the same time.

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