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katrin2010 [14]
3 years ago
11

Both supply and demand concepts rest on the relationship between quantity supplied or demanded.

Business
1 answer:
Rashid [163]3 years ago
7 0

Answer:

False

Explanation:

Both supply and demand concepts rest on the relationship between price and quantity.

Quantity demanded increase when price falls and falls when price increases.

Quantity supplied increases when price increases and falls when price falls.

The demand and supply curve are plotted with price on the y axis and quantity on the x axis.

I hope my answer helps you

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