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PaulKet PaulKet
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6 years ago
In the supply-demand models to analyze the wheat market, we assume that wheat sold by different sellers is largely the same. We make this assumption
A) to test the model.
B) to easily predict the market price.
C) to simplify the model while keeping important details.
D) to avoid the complexities in the real world.
Textbook 
Microeconomics: Theory and Applications with Calculus

Microeconomics: Theory and Applications with Calculus


Edition: 4th
Author:
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The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design.
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forrestforrest
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6 years ago
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PaulKet Author
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6 years ago
This calls for a celebration Person Raising Both Hands in Celebration
annielin111
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You make an excellent tutor!
linlinlin
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2 hours ago
Thanks
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