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Research you conducted shows that car door locks are selling below the current market equilibrium point. You are asked to share your thoughts on a

Research you conducted shows that car door locks are selling below the current market equilibrium point. You are asked to share your thoughts on a conference call with the board of directors. What should you mention to the board? Increasing production volume can help remove market inefficiency that is keeping prices low Production volume will need to increase as market equilibrium is restored Prices are low because AutoEdge and its competitors keep supply high at these low price points AutoEdge should be content at these low price points since MR = MC

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