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What does an increase in the supply of an item usually mean for consumers? * 3 points the item will be bought by fewer customers the item will be removed from the market the item will be difficult to buy the item will be lower in price

Sagot :

BaconB

Answer:

The Item Will Be Lower In Price

Explanation:

This is a supply and demand question.

If supply is up and demand is down, the price will decrease.

If supply is down and demand is up, the price will increase.

The item will be lower in price.