Steel producers offer to sell steel to U.S. auto producers at a much lower price than in the past. As a result one would expect:

Question

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With steel producers offering to sell steel at a lower price, auto producers can now produce vehicles at a lower cost. This would lower the production costs and lower the market price of automobiles, thus making them more affordable for consumers. Therefore, the supply of automobiles would increase as the producers try to take advantage of the cheaper steel prices and make more cars to meet the rising demand.

Steel Producers Offer to Sell Steel to U