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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

"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 "supply" and "demand" used correctly? Explain.

Apr 12 2020 View more View Less

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