Social Studies, 06.12.2021 01:50 christylivingsowzxa2
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. There's a sudden increase in the number of companies competing to sell the good. C. A drop in demand happens too quickly for producers to decrease production to keep up. D. An increase in production costs results from a rise in wages.
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In which of the following situations would the price of a good be most likely to increase? A. A brea...
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