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social studies

What is a reason that market prices are not always the same as equilibrium prices?
A) Market prices are often set by buyers rather than by sellers.
B) Supply and demand are not well-understood by business owners.
C) The equilibrium is not always the most profitable price point.
D) Market prices sometimes reflect the relative prices of competitors rather than equilibrium.*****

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  1. Yes, D.

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    Ms. Sue
  2. Definitely D.

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