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Read the given questions carefully and write the answer. When the prices of Motor Vehicles fell across the Britain in2017, the number of Motor Vehicles
Read the given questions carefully and write the answer. When the prices of Motor Vehicles fell across the Britain in2017, the number of Motor Vehicles offered for sale decreased. a. Does this fact illustrate the law of demand or the law of supply? Explain your answer. (5 marks) b. Why would Motor Vehicle producers decide not to sell at low price
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