9 July, 19:09

In which of the following situations would the price of a good be most likely to decrease?

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a. the development of a new energy source reduces production costs for a company.

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b. consumers start using more of a good because the quality has increased significantly.

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c. a rise in demand happens too quickly for producers to increase production to keep up.

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d. an increase in production costs results from a sudden increase in wages.

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