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13 votes
13 votes
How is production related to demand?

User Matteo Gaggiano
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2 Answers

8 votes
8 votes
Bc it can be and it has a lot of production
User Djroedger
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23 votes
23 votes
when production costs rise, the demand curve remains the same and allows for a comparison between the profits that would come from a higher price point (but decreased demand) and steady demand with a lower profit margin on each item sold.
User Wangchi
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