If consumer demand for a product exceeds the quantity of the product producers supply, all of the

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If consumer demand for a product exceeds the quantity of the product producers supply, all of the following likely will occur except

a. there will be a shortage

c. consumers will be willing of the product to pay higher prices

b. producers will decrease

d. producers will increase prices prices

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Advertising And Sales Promotion

ISBN: 9780538438292

1st Edition

Authors: Ken Kaser, John R Brooks

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