Business
Business, 09.09.2019 22:30, ehhshsh

Consider the impact of the following two events in the television market. first, people are using more tablets and fewer television sets. second, new production techniques decrease the production cost of television sets. what is the effect of these events on the equilibrium price and quantity of television sets? equilibrium price equilibrium quantity
a. decrease increase
b. decrease decrease or increase
c. decrease or increase decrease
d. increase decrease or increase

answer
Answers: 2

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Consider the impact of the following two events in the television market. first, people are using mo...

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