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28 May, 06:21

In a market economy, supply and demand are important because they

a. play a critical role in the allocation of the economy's scarce resources.

b. determine how much of each good gets produced.

c. can be used to predict the impact on the economy of various events and policies.

d. all of the above are correct.

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Answers (1)
  1. 28 May, 09:27
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    All of the above are correct
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