A Market Comprised of a Downward-Sloping Demand Curve and an Upward-Sloping

question 70

Multiple Choice

A market comprised of a downward-sloping demand curve and an upward-sloping supply curve is said to be stable because

• A) price will never change.
• B) quantity will never change.
• C) demand will never change.
• D) supply will never change.
• E) at any price other than equilibrium,forces in the market move the price towards the equilibrium.

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The combined total income generated by all working members of a family unit.

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Organizations led by a boss or a small group that commands enough votes to maintain political and administrative control of a city, county, or state, often involved in corruption and bribery.

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