Regarding demand and supply, which of the following statements is NOT correct?
Question
Regarding demand and supply, which of the following statements is NOT correct? (Points : 1) style=”color:rgb(0,0,0);”> Demand and supply simultaneously determine equilibrium market price
Demand expresses intentions, but supply does not
Demand is a potential concept distinguished from the transactional even of “units sold”
Supply is more like scenario planning for operations than for actual production
all of the above statements are correct
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