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If Smartwatches Are Considered Substitutes for Smartphones,the Decline in the Price

Question 417

Multiple Choice

If smartwatches are considered substitutes for smartphones,the decline in the price of smartphones would,all else equal


A) increase the demand for smartwatches.
B) decrease the demand for smartwatches.
C) increase the quantity of smartwatches demanded.
D) decrease the quantity of smartwatches demanded.

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