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Observe the supply and demand curve for BMW cars and analyze which of the following would cause Supply 1 and Demand 1 in the figure
Observe the supply and demand curve for BMW cars and analyze which of the following would cause Supply 1 and Demand 1 in the figure to change to Supply 2 and Demand 2 picture A. Automobile production line upgradingMercedes announced a reduction in the price of its cars B. More car companies are entering the marketRising gasoline prices C. Prices of raw materials for car production have fallen; An increase in income D. BMW believes that the price of cars will rise in the future; BMW is caught up in public opinion
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