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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.

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D. All of the above
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User Carlos Rojas
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