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Technological Advances Have Increased the Supply of Digital Cameras

Question 16

Multiple Choice

Technological advances have increased the supply of digital cameras. As a result the:


A) demand for digital cameras will increase, putting downward pressure on the price of digital cameras.
B) quantity demanded for digital cameras will increase.
C) quantity supplied of digitals cameras will increase, putting downward pressure on the price of digital cameras.
D) demand and supply of digital cameras will both increase.

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