Given the supply of a commodity, in the market period, the price ofa commodity is determined by

by
Question:

Given the supply of a commodity, in the market period, the price ofa commodity is determined 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.