Engineering :: Business Management
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An increase in demand that leads to an increase in wealth
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[A]. |
Will induce new firms to begin production | [B]. |
Will induce existing firms to produce close substitutes
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[C]. |
Will induce both new and existing firms to bid resources away from other uses | [D]. |
Will increase the value and hence the cost of resources used in producing that good |
[E]. |
All of the above |
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