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2 December, 08:04

Which of the following describes a situation in which the price of a good would rise? A. A new technology allows producers to increase supply very quickly. B. Producers cannot make enough of a good when that good becomes popular suddenly. C. Consumers start using less of a good because more substitutes are available. D. Production is increased in order to catch up with a sudden rise in demand.

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  1. 2 December, 08:23
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    C. Consumers start using less of a good because more substitutes are available.
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