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History, 16.10.2020 02:01 nickocasamplonp6mlob

Look at the graph. A bookstore owner increases the price of art books to $25. Which of these would occur? A higher equilibrium point, because demand and price increased
A lower equilibrium point, because the supply will increase
A shortage, because the price is lower than equilibrium price
A surplus, because the price is higher than equilibrium price


Look at the graph. A bookstore owner increases the price of art books to $25. Which of these would

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