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Business, 22.11.2019 02:31, jonathansheehan26
In a perfectly competitive market in short-run equilibrium, a. the price and quantity bought and sold in the market are determined by the shutdown point b. only demand determines the price and quantity bought and sold in the market because all firms are price takers c. only supply determines the price and quantity bought and sold in the market because the good has many substitutes d. market supply and market demand determine the price and quantity bought and sold in the market.
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