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-The idempotent laws in a Boolean algebra state that ____ and ____.
Excess Demand
A scenario in which the current price of a product or service leads to a demand that surpasses its available supply.
Excess Supply
Occurs when the quantity of a good or service offered by producers exceeds the quantity demanded by consumers at the current price.
Excess Supply
A situation where the quantity of a good or service offered for sale by producers exceeds the quantity demanded by consumers at the current price.
Quantity Supplied
The amount of a product that producers are willing and able to sell at a given price over a specified period of time.
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