A Surplus Currently Exists for a Product Called Widgets

question 305

True/False

A surplus currently exists for a product called widgets. In a free market system, the government must step in and buy any widgets that consumers do not buy in order to eliminate the surplus and establish equilibrium.

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Definitions:

Simple Repetition

The process of repeating something multiple times in order to learn or memorize it, often used as a basic study or advertising technique.

Repetition With Variation

Repeating the same information, but in a varied format.

March of Dimes

An American nonprofit organization that works to improve the health of mothers and babies by preventing birth defects, premature birth, and infant mortality.

Donation

The act of giving money, goods, or time to support a cause, individual, or organization without expecting anything in return.