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History, 03.11.2019 13:31 cheyennemitchel238

Company 1 has a market share of over fifty percent of the basketball shoe market. the rest of the market is divided between several companies, including company 2. recently, company 2 signed several popular athletes to five-year endorsement deals. which graph illustrates the likely change in consumer demand for company 2's basketball shoes over the next five years?

a an increase in supply

b a decrease in supply

c an increase in demand

d a decrease in demand

e an increase in equilibrium price

fa decrease in equilibrium price

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