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Which of the following statements about demand and supply is not true? A. demand creates supply and supply creates demand. B. The only variable that

Which of the following statements about demand and supply is not true?

A. demand creates supply and supply creates demand.

B. The only variable that can cause a change in the quantity demanded or quantity supplied of a product is the price.

C. Supply increases or decreases based on the non-price determinants of supply, the GRANT variables.

D. Demand increases or decreases based on the non-price determinants of demand, the RINTE variables.

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