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10 December, 18:34

The price (P) of designer jeans is affected by the supply (S) and the demand (D).

Which of these can cause an increase in the price of designer jeans?

Increased demand and no change in supply

Decreased demand and increased supply

Increased supply alone

Decreased demand alone

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Answers (1)
  1. 10 December, 19:18
    0
    The price of designer jeans would likely increase if its demand increases and there is no changes in supply.
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