Economic profits and losses: a) are the expected outcomes of a decrease in dollar votes and an increase in dollar votes, respectively O b) help determine which industries survive or fail c) answer the question "Who will get the output?" d) answer the question "How will the goods and services be produced?"

Q: 1. How many buyers and sellers are there?

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A: Hi! You have asked for parts B and C. So, I am answering parts B and C only.

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