An Increase in Supply Causes a Temporary Surplus at the Old

question 83

True/False

An increase in supply causes a temporary surplus at the old equilibrium price.

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Definitions:

NaI

Sodium iodide, an ionic compound often used in organic synthesis and as a supplement.

KBr

Potassium bromide, a chemical compound consisting of potassium (K) and bromine (Br), used mainly in photography and in medication.

AgBr

Silver bromide, a chemical compound used in photographic films and papers.

Lead(II) Nitrate

A white to colorless crystalline chemical compound used in making other lead compounds and some pyrotechnics.