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Market price: Quiz


Question 1: In ________, market pricing is primarily determined by the interaction of supply and demand.
Classical economicsDavid RicardoJohn Stuart MillThomas Robert Malthus

Question 2: ________ and market price are equal only under conditions of market efficiency, equilibrium, and rational expectations.
Real estate appraisalAppraisal InstituteInternational Valuation Standards CommitteeMarket value

Question 3: Other measures of value include historical cost, the resource cost of the good or service[3], an appraised value (such as the ________), economic value and intrinsic value.
Net present valueDiscounted cash flowBond (finance)Corporate finance

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