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Biology, 05.05.2021 02:20 victoriapellam04

According to the law of supply and demand, if the demand for a product suddenly goes up faster than the supply, which of the following will be the result? Question 11 options:

The price of the product will go up.

The price of the product will go down.

Production of the product will decrease.

The price will reflect the cost of production.

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Answers: 2

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