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Alejandro does high-end customization on cars. He sells each model for $100,000. In the last year, he has not been able to sell any cars
Alejandro does high-end customization on cars. He sells each model for $100,000. In the last year, he has not been able to sell any cars and has 10 cars in stock. What would most likely happen if he lowered the price of the cars to $50,000? a The quantity supplied would decrease, and quantity demanded would increase. b The quantity supplied would increase, and quantity demanded would increase. c The quantity supplied would increase, and quantity demanded would decrease. d The quantity supplied would decrease, and quantity demanded would decrease
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