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brodybrown6130 brodybrown6130
  • 30-05-2024
  • Business
Answered

According to Economists, the supply of a product exists when:
a. Consumers are willing and able to purchase the product at alternative prices
b. The government requires business owners to produce the product
c. Business owners are willing and able to produce the product at alternative prices
d. The price of the product is equal to the costs incurred to produce it, so business owners are guaranteed not to lose money by producing the product

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