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? group of answers.
a an increase in supply
b a decrease in supply
c a decrease in demand
d an increase in equilibrium price
e a decrease in equilibrium price
Answers: 2
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