Home » Economics » The market price of a commodity is determine by theThe market price of a commodity is determine by the The market price of a commodity is determine by the A. total number of people in the market B. total demand for the commodity C. quantity of the commodity supplied D. interaction of demand and supply E. law of demand Correct Answer: Option D Explanation Related Posts Activities in the oil and gas industry are classified into The shape of the average cost (AC) shows that as production increases (begin{array}{c|c} & text{Year 1} & text{Year 2} \ hline text{GNP at current prices(NM)} & 20,000… In the long run, one of the characteristics of monopolistic competitive firms is that they If any economy is growing at an annual rate of 7% and 4% of it… Which of the following is not an asset of a commercial bank?
