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Answer to Question #178647 in Microeconomics for James
Question #178647
Demand and supply:
a. Do not really exist.
b. Exist only during certain times of the year.
c. Is a model to analyze prices only.
d. Is a model to analyze quantities only.
e. Is a model to analyze prices and quantities.
Expert's answer
e). Is a model to analyze prices and quantities.
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