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efer to the following diagram, which shows demand and supply conditions in the competitive market for product X. Other thing Price So G H F caused by a(n): E Do D1 ABC Quantity 0 O A. Decline in the price of the basic raw material used in producing X O B. Increase in the number of firms producing X C. Government subsidy per unit of output paid to firms producing X O D. Increase in the wage rates paid to the labours employed in the production of X which in turn increased the cost of production Il save this response