If the quantity demanded of milk is 55,000 gallons and the quantity supplied of milk is 80,000 gallons, then
a. there is an excess supply of 25,000 gallons of milk
b. the price of milk will rise to clear the market
c. consumers get the milk they demand so equilibrium exists
d. there is an excess demand of 25,000 gallons of milk
e. the supply curve is greater than the demand curve
A
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Indicate whether the statement is true or false
_______________ is defined as the values and systems that guide the conscious decisions made about activities and time use
a. Time management b. Attitudinal change c. Family life management d. Corporal management
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a. wages will increase but employment will decrease b. wages will increase and employment will increase c. wages will decrease but employment will increase d. wages will decrease and employment will decrease e. the demand for non-union labor will increase
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