Advanced Placement (AP)

The new oven in mr. brown's bakery allows him to produce bread more efficiently and more cheaply. what is the most likely effect? a) the price drops and the quantity demanded decreases b) the price rises and the quantity demanded decreases c) the price drops and the quantity demanded increases d) the price rises and the quantity demanded increases

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The new oven in mr. brown's bakery allows him to produce bread more efficiently and more cheaply. wh...

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