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1. 2. The quantity of goods demanded per period is inversely related to its price, other things constant. a. demand b. law of demand c. law of supply d. supply A line showing the quantities of a particular supplied at various prices during a given period, other things constant. a. supply b. supply curve c. supply function d. supply schedule The quantity of a product demanded is NOT equal to the quantity supplied. disequilibrium b. equilibrium c. shortage d. surplus It shows the relationship between demand for a commodity and the factors that determine or influence this demand. 3. a. 4. a. demand b. demand function c. demand curve d. demand schedule 5. The government's specification with minimum or maximum current price of a particular good or service that disadvantageous to the producer or consumer. a. price ceiling b. price control c. price floor d. surplus
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