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Tesy Tesy
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6 years ago
In a small town of 3,000 people, the number of car washes has grown from two to five in the last two months. Which result will likely occur?
A) The increase in supply will lead to a decrease in the equilibrium price.
B) The increase in supply will lead to an increase in equilibrium price.
C) The increase in supply will lead to a decrease in demand.
D) The increase in supply will have no effect on the equilibrium price.
E) The increase in supply will lead to an increase in demand.
Textbook 
Business Essentials, Canadian Edition

Business Essentials, Canadian Edition


Edition: 8th
Authors:
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cazadorcazador
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6 years ago
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Tesy Author
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6 years ago
Thanks
carston
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Yesterday
This site is awesome
njn;l
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2 hours ago
Good timing, thanks!
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