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A shoe company produces a very popular brand of sneakers. The company raised the price, but demand did not decrease. What is the likely result?
A shoe company produces a very popular brand of sneakers. The company raised the price, but demand did not decrease. What is the likely result? Responses A Supply of the sneakers will increase.Supply of the sneakers will increase. B Demand for the sneakers will increase.Demand for the sneakers will increase. C The company will increase production of the sneakers.The company will increase production of the sneakers. D The company will decrease production of the sneakers
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