Question: The price system is based on . ( LO2 ) a) government regulation (i.e., the government sets most prices) b) the individual whim of the

The price system is based on . ( LO2 )

a) government regulation (i.e., the government sets most prices)

b) the individual whim of the businessperson who sets it

c) the feelings of the individual buyer

d) supply and demand

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