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The Chicago Tribune recently reported that the price of new cars, a normal good, has increased and that the quantity of new cars sold has

The Chicago Tribune recently reported that the price of new cars, a normal good, has increased and that the quantity of new cars sold has risen. The new price and quantity could have been caused by a(n):

a.

decrease in buyers' incomes.

b.

increase in production costs.

c.

increase in buyers' incomes.

d.

decrease in production costs.

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