In which of the following situations would the price of a good be most likely to increase?
an...
Business, 27.08.2019 05:30 charlotte67
In which of the following situations would the price of a good be most likely to increase?
an increase in production costs results from a rise in wages.
a rise in demand happens too quickly for producers to increase production to keep up.
a breakthrough in productive technology enables a company to increase its output.
there's a sudden increase in the number of companies competing to sell the good.
i think b
Answers: 2
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