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MC3. A downward-sloping demand curve for a particular commodity indicates that the price of the commodity (a) is the only determinant of the demand for
MC3. A downward-sloping demand curve for a particular commodity indicates that the price of the commodity (a) is the only determinant of the demand for it. (b) is the principal determinant of the demand for it. (c) is one of the determinants of the demand for it. (d) and the consumer's income are the two principal determinants of the demand for it.
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