jamielovexo9176 jamielovexo9176
  • 15-02-2024
  • Business
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The market for chewing gum is competitive. The current price is 50 cents per pack and the quantity is 100,000 packs per day. Which event would cause the new equilibrium price to be 75 cents per pack?A) Increase in production costsB) Decrease in demandC) Increase in supplyD) Decrease in competition

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