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What will happen to the supply of Nike sneakers if the cost of rubber increases?

What will happen to the supply of Nike sneakers if the cost of rubber increases?-example-1
User Snapey
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Answer:

However, to an economist, the elasticity or stretchiness, of rubber bands can have a ... The law of demand tells us that when the price of a good or service rises, ... The price of black Nike Air Jordan shoes increases by 10% and the quantity

Step-by-step explanation:

User Tiago Alves
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