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Suppose the equilibrium price of a good has increased while its equilibrium quantity has decreased.Which of the following would be the most likely cause? Group

Suppose the equilibrium price of a good has increased while its equilibrium quantity has decreased.Which of the following would be the most likely cause?

Group of answer choices

An increase in the price of a substitute good

An increase in the cost of raw materials

A decrease in consumer incomes

A decrease in the cost of labor

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