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| 1. |
'Dimand and supply are like two blades of a pair of scissors''. Discuss. |
| Answer» SOLUTION :This STATEMENT is defended. Both demand and supply of the commodity are important to determine price just LIKE, two blades of a pair of scissors are important for cutting. In short run, any one of the two may be more important, but in LONG run, both play equally important role. | |