When Total Expenditure (TE)exceeds Total Production (TP),inventory Levels Rise Unexpectedly,which

question 102

True/False

When total expenditure (TE)exceeds total production (TP),inventory levels rise unexpectedly,which sends a signal to firms that they have overproduced,so they cut back on production.

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Definitions:

Natural Selection

The process by which biological traits become more or less common in a population due to consistent effects upon the survival or reproduction of their bearers.

Gradual Modification

denotes the process of slow and incremental changes or adjustments, often used in the context of evolutionary biology or behavior modification strategies.

Adapted

Modified for a new use or purpose, especially in the context of items, processes, or ideas to better suit the needs or limitations.

Bidirectional

Describes a situation or relationship where influences or actions move in both directions between parties or factors, highlighting mutual influence.