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lemn8 lemn8
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6 years ago
A producer of automobile batteries notes that the price of batteries has risen over each of the past three years. The firm decides to expand its battery production. This illustrates
A) the law of supply.
B) the law of equilibrium.
C) the law of market price.
D) the law of demand.
E) the law of supply and demand.
Textbook 
Business Essentials, Canadian Edition

Business Essentials, Canadian Edition


Edition: 8th
Authors:
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