In the corn market demand often exceed supply and supply sometime exceed demand the price of corn rise and falls in response to change in supply and demand in which of these two statment are the term supply and demand used correctly explain
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You should decide to go to a movie:
if the marginal benefit of the movie exceeds the marginal cost.
In deciding whether to study for an economics quiz or go to a movie, one is confronted by the idea(s) of:
scarcity and opportunity costs
What is the relationship between quantity supplied and price?
direct
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