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Business, 04.03.2021 18:20 ithebrainliest

Read the passage and then answer the question: A business has been researching sales data on its latest product. The data
show that demand for the product is so high that the company can raise its
price without losing customers. The business decides to raise the price and
greatly increases its total supply of the product to keep up with the demand.
The situation described in the passage most reflects the impact of which
concept?

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Answers: 3

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