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Assume the Demand for Graphics Cards Decreases,while the Supply Increases

Question 122

Multiple Choice

Assume the demand for graphics cards decreases,while the supply increases.Which of the following outcomes is certain to occur?


A) The equilibrium price of graphics cards will rise.
B) The equilibrium quantity of graphics cards will rise.
C) The equilibrium price of graphics cards will fall.
D) The equilibrium quantity of graphics cards will fall.
E) Neither the equilibrium price nor the equilibrium quantity of graphics cards can be predicted.

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