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The Market Price Of A Commodity Is Determined By The? - Erudites Academy

The market price of a commodity is determined by the?

by | Aug 7 | Economics WAEC | 0 comments

A. total number of people in the market
B. total demand for the commodity
C. quantity of the commodity supplied
D. interaction of demand and supply
E. law of demand

Correct Answer:

Option D – interaction of demand and supply

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