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- What would cause a decrease in quantity supplied?21. 11. A store is having a massive sale on margarine. What happens to the demand for the substitute item called butter-show on a demand graph. Label everything always.the graph shows the supply and demand curves for a certain product, which has a current selling price of $300. The laws of supply and demand most support which conclusion about the product?
- The estimated demand and supply curve for apples is displayed below. If the current price is $60/ton, is there currently a surplus or shortage in the market for apples? By how much?What would cause an increase in quantity supplied?Does demand increase/decrease? Yes, the change in the price of landlines phoneservice increases demand for cell phones at every price