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Business, 25.02.2021 05:20 ari9843

Select all the correct answers. Which three statements are true as they relate to supply and demand?
As supply rises, prices generally decrease.
As demand decreases, costs generally increase.

As supply decreases, prices increase.
The average rate of change describes how much a quantity changes as price increases.
As demand rises, the price of the product decreases.

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Select all the correct answers. Which three statements are true as they relate to supply and demand...
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