In the com market demand often exceeds supply and supply som

In the com market, demand often exceeds supply and supply sometimes exceeds demand. The price of com 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 correctly? in neither statement in the second statement in the first statement in both statements

Solution

The correct answer is option B. The price of the corn rise and fall in response to the supply and demand of the corn. More the demand more would be the supply which would increase the prices.

 In the com market, demand often exceeds supply and supply sometimes exceeds demand. The price of com rises and falls in response to changes in supply and deman

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