question archive The price of automobiles is rising because more people want to purchase cars

The price of automobiles is rising because more people want to purchase cars

Subject:EconomicsPrice:2.88 Bought3

The price of automobiles is rising because more people want to purchase cars. As a result,

a. supply shifts to the right.

b. supply shifts to the left.

c. quantity supplied increases.

d. quantity demanded decreases.

Option 1

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