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Homework answers / question archive / Indicate whether the statement is related to heterodox or neoclassical economics: Prices change rapidly according to supply and demand, with competition ensuring that price reflects minimum average costs of production

Indicate whether the statement is related to heterodox or neoclassical economics: Prices change rapidly according to supply and demand, with competition ensuring that price reflects minimum average costs of production

Accounting

Indicate whether the statement is related to heterodox or neoclassical economics:

Prices change rapidly according to supply and demand, with competition ensuring that price reflects minimum average costs of production.

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