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It Is Not Possible for Demand and Supply to Shift

question 169

True/False

It is not possible for demand and supply to shift at the same time.

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Definitions:

Promisee

The party in a contract who is to receive the benefit or performance specified in the agreement.

Promise

A declaration or assurance that one will do something or that a particular thing will happen.

Offer

A proposal by one party to another to enter into a legally binding contract with specific terms.

Offeree

The party to whom the offer is made.

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