Answer to Question #47884 in Microeconomics for Asad Badvi
The terms “supply” and “demand” are used correctly in the second statement, because only quantity supplied may be higher or lower than quantity demanded, but we can't compare demand and supply.
Q8. The accompanying table is needed to answer this question.
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in the corn market demand often exceeds supply and supply sometimes exceeds demand and the price of corn rises and falls in response to change in demand and supply in which of the following are the statement are the term supply and demand used correctly explain please can u help me out in this question I cant find answer to this question I need it urgently plz...