[Solved] Which of the following statements is most closely associated with general equilibrium analysis?

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Q.	Which of the following statements is most closely associated with general equilibrium analysis?
A.	everything depends on everything else
B.	the equilibrium price of a factor depends on the balancing of the forces of demand and supply for that factor
C.	the equilibrium price of a good or service depends on the balancing of the forces of demand and supply for that good or service
D.	none of these
Answer» A. everything depends on everything else

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Principles of Micro Economics

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