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There Is an Increase in Demand for Personal Computers at the Same

Question 1

Multiple Choice

There is an increase in demand for personal computers at the same time their input costs fall. We would expect that:


A) ​price will fall, but the effect on quantity sold is uncertain.
B) ​the quantity sold will decline, but the effect on price is uncertain.
C) ​the quantity sold will increase, but the effect on price is uncertain.
D) ​price will rise, but the effect on quantity sold is uncertain.

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