Business, 21.06.2019 15:10 toricepeda82

In which of the following situations would the price of a good be most likely to increase? a. a breakthrough in productive technology enables a company to increase its output. b. an increase in production costs results from a rise in wages. c. there's a sudden increase in the number of companies competing to sell the good. d. a drop in demand happens too quickly for producers to decrease production to keep up.

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In which of the following situations would the price of a good be most likely to increase? a. a bre...

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