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What would be the result of an increase in the number of producers of the same product? The price of the product would increase. The

What would be the result of an increase in the number of producers of the same product?

The price of the product would increase.

The opportunity cost of producing the product would increase.

The output supplied in a market would increase at every price.

The output supplied in a market would decrease at every price.

The demand for the product would increase.

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