Business, 08.07.2021 17:00 minnie7760

An increase in the price of rubber coincides with an advance in the technology of tire production. As a result of these two events, a. the demand for tires decreases and the supply of tires increases. b. the demand for tires is unaffected and the supply of tires decreases. c. the demand for tires is unaffected and the supply of tires increases. d. None of the above is necessarily correct. What should be the demand and supply?

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An increase in the price of rubber coincides with an advance in the technology of tire production. A...

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