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The supply and demand model applies when three of the following four conditions are met. W

The supply and demand model applies when three of the following four conditions are met. W

The supply and demand model applies when three of the following four conditions are met. Which condition is not required?
a) There must be many buyers.

b) There must be many sellers.

c) The buyers and sellers must trade an identical item.

d) The item traded must be a product.

Johnson 10-Nov-2017

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