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Could you please answer this statement from the perspective of 'it depends': Production surpluses and shortages can be managed

Exploring Economics

8th Edition

ISBN:9781544336329

Author:Robert L. Sexton

Publisher:Robert L. Sexton

Chapter5: Markets In Motion And Price Controls

Section: Chapter Questions

Problem 7P

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Equilibrium refers to a state of balance that comes about because there is equality in all forces.

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Could you please answer this statement from the perspective of 'it depends': Production surpluses and shortages can be managed by managing fluctuating demand.

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