Multiple Choice
If the demand for high definition televisions increases and the supply of high definition televisions increases,then
A) it is clear that prices will increase; the change in the quantity of televisions sold is ambiguous.
B) it is clear that prices will decrease; the change in the quantity of televisions sold is ambiguous.
C) it is clear that quantity sold will increase; the change in the price of televisions is ambiguous.
D) it is clear that quantity sold will decrease; the change in the price of televisions is ambiguous.
Correct Answer:

Verified
Correct Answer:
Verified
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