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At a price of $2 a pound, sellers will offer 800 pounds of beef, and at a price of $4 a pound they will offer 1,200 pounds of beef. This illustrates (a) market price (b) the Law of Demand (c) the Law of
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At a price of $2 a pound, sellers will offer 800 pounds of beef, and at a price of $4 a pound they will offer 1,200 pounds of beef. This illustrates (a) market price (b) the Law of Demand (c) the Law of Supply (d) all of the above.

User Spencer Cole
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19 votes
D. All of the above
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User Danjam
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