valrae61
valrae61 valrae61
  • 08-12-2021
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what will new producers do when prices rise? (this is economics, but that's not a option)

Respuesta :

brookesal0890 brookesal0890
  • 08-12-2021

Answer:

a. Excess demand will cause the price to rise, and as price rises producers are willing to sell more, thereby increasing output.

Explanation:

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