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Given the supply of a commodity in the market period, the price of the commodity isdetermined by

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Question:

Given the supply of a commodity in the market period, the price of the commodity isdetermined by

A.

the market demand curve alone

B.

the market supply curve alone

C.

the market demand curve and the market supply curve

D.

none of the above.

Answer» a. the market demand curve alone

Note: The above multiple-choice question is for all general and Competitive Exams in India.