The initial equilibrium price in the market for Web pages is $200 per page and 1 created in a month. Many new Web design firms now enter the market. As a result, leftward and the price falls.
A) the supply curve of Web pages shifts l
B) the supply of Web pages increases and the price falls,
C) the supply of web pages increase and the price falls, which then increases the demand for Web pages and the demand curve shifts rightward.
D) the demand for Web pages increases and the price rises.
E) the demand for Web pages increases and the price falls.
Answers: 1
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The initial equilibrium price in the market for Web pages is $200 per page and 1 created in a month....
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