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Movement Along a Supply Curve
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Problem 10
Movement Along a Supply Curve
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3. The Market Forces of Supply and Demand / Movement Along a Supply Curve / Problem 9
Problem 9
When analyzing the effect of a price change on quantity supplied, what assumption is made under the concept of 'ceteris paribus'?
A
Only external economic conditions are changing.
B
All other factors affecting supply are changing.
C
Only demand factors are changing.
D
All other factors affecting supply remain constant.
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