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What happens to the price of an item when its supply increases?

2 Answers

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Answer:

tends to fall

Step-by-step explanation:

if there is an increase in supply for goods and services while demand remains the same, price tends to fall to a lower equilibrium price and a higher equilibrium quantity of guys and services

User Shafeeq Mohammed
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Answer:

If there is an increase in supply for goods and services while demand remains the same, prices tend to fall to a lower equilibrium price and a higher equilibrium quantity of goods and services.

Step-by-step explanation:

User Scrayne
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