Economics · Market Mechanism
Based on general economic principles, what inference can be drawn regarding market price fluctuations?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1They can be permanently avoided by maintaining traditional barter practices.
- 2They are completely irrelevant to businesses, policymakers, or individual consumers.
- 3They occur when external factors disturb the equilibrium between market supply and demand.✓
- 4They happen only when governments introduce new taxation policies.
Correct answer
They occur when external factors disturb the equilibrium between market supply and demand.
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