When drawing demand and supply curves economists are assuming-09048
When drawing demand and supply curves, economists are assuming that the primary influence on production and purchasing decisions is:
This multiple choice question (MCQ) is related to the book/course vu eco401 Economics. It can also be found in vu eco401 Mid Term - Quiz No.10.
When drawing demand and supply curves, economists are assuming that the primary influence on production and purchasing decisions is:
Price.
Cost of production.
The overall state of the economy.
Consumer incomes.