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In the Corn Market, Demand Often Exceeds Supply and Supply

Question 196

Multiple Choice

In the corn market, demand often exceeds supply and supply sometimes exceeds demand"."The price of corn rises and falls in response to changes in supply and demand.In which of these two statements are the terms "demand" and "supply" being used correct


A) in neither statement
B) in the second statement
C) in the first statement
D) in both statements

Correct Answer:

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