1.

State whether the following are true or false. Give reasons: (a) When AD>AS, there will be rise in inventories. (b) When AD<AS, there will be fall in inventories (c) APS is negative after the break-even point.

Answer»

State whether the following are true or false. Give reasons:

(a) When AD>AS, there will be rise in inventories.

(b) When AD<AS, there will be fall in inventories

(c) APS is negative after the break-even point.



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