If All Else Is Held Constant,what Would Happen to the Equilibrium

question 5

Multiple Choice

If all else is held constant,what would happen to the equilibrium price and quantity of iPhones if the price of an Android phone decreased?

• A) They would both increase.
• B) They would both decrease.
• C) One would increase and one would decrease,but we don't know which would do what.
• D) The price would increase and the quantity would decrease.
• E) The price would decrease and the quantity would increase.

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The process of carefully examining or scrutinizing something or someone to ensure compliance with standards or to identify defects.

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A backup location for an organization to relocate its operations in case of a major disruption, which is not immediately operational but can be equipped and made ready if necessary.