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The cost of producing a new watch is $50. At a price of $100, watches will most likely be _____ and _____. A.bought and purchased B.supplied and demanded C.made and produced

User Colinross
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2 Answers

5 votes
The answer is supplied and demanded. 
User Brigadir
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2 votes

Answer:

B.supplied and demanded

Step-by-step explanation:

With a cost of $100 there is a profit for the producer of $50, the main reason for this to be possible is a profit for both the producer and seller, and its a good price for the final consumer who is willing to pay $100 for the watch which is a great deal, so at $100 the watches will be supplied and demanded.

User Tophat Gordon
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