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Both supply and demand concepts rest on the relationship between quantity supplied or demanded.

True / False.

asked
User Made
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1 Answer

2 votes

Answer:

False

Step-by-step explanation:

Both supply and demand concepts rest on the relationship between price and quantity.

Quantity demanded increase when price falls and falls when price increases.

Quantity supplied increases when price increases and falls when price falls.

The demand and supply curve are plotted with price on the y axis and quantity on the x axis.

I hope my answer helps you

answered
User Apascualb
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