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A critical assumption in the model of demand and supply is the independence of demand and supply curves. If the two are not independent, a

A critical assumption in the model of demand and supply is the independence of demand and supply curves. If the two are not independent, a shift in the supply curve can lead to a shift in the demand curve referred to as:

Group of answer choices

a. supply-side economics.

b. supplier-induced demand.

c. supply shocks.

d. ceteris paribus.

e. the fallacy of supply.

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