When a persown goes to the grocery store to buy food, there is no auctioneer calling out

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When a persown goes to the grocery store to buy food, there is no auctioneer calling out prices for bread, milk, and other items. Therefore, supply and demand cannot be operative.
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Microeconomics

ISBN: 9781337617406

13th Edition

Authors: Roger A Arnold

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Question Posted: Apr 05, 2024 05:00 AM

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When a persown goes to the grocery store to buy food, there is no auctioneer calling out

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Disagree In the text we plainly saw how supply and demand w...View the full answer

Microeconomics

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