Camille's Creations and Julia's Jewels both sell beads in a competitive market. If at the market price of $5, both are running out of beads to sell (they can't keep up with the quantity demanded at that price), then we would expect both Camille's and Julia's to:
Camille's Creations and Julia's Jewels both sell beads in a competitive market. If at the market price of $5,?
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raise their prices. Open the book, it should be in there in the supply & demand curve section.