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What is most likely to have happened over the year

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Reference no: EM132243910

Last year a firm made 100 units of its product available at a price of $10 per unit. This year at $8 per unit the firm supplied 100 units. What is most likely to have happened over the year?

  • Quantity supplied has decreased.
  • Quantity demanded has increased.
  • Supply has increased.
  • Supply has decreased
  • Demand has increased.

Reference no: EM132243910

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