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2 years ago

3

The graph shown shows the supply and demand for a widget. What mappens if the price is set at $25.00? Include in your answer how

retailers will react to a $25.00 price point.

1 answer:

Montano1993 [528]2 years ago

3 0

From the graph, if the price increases to $25

The quantity demand will decrease

Quantity supply increases --------This is the reaction from the retailers

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