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Y6 47. In a free market, buyers what price to offer to sellers and sellers know what price to charge to buyers. They also know

Y6

47. In a free market, buyers what price to offer to sellers and sellers know what price to charge to buyers. They also know what quantity to buy and what quantity to sell. All of this happens without resulting in a shortage or surplus. Is this because they have a committee where they discuss together the price and quantity? Explain.

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