Which Is the MOST Likely Effect of a Decrease in the Price

question 270

Multiple Choice

Which is the MOST likely effect of a decrease in the price of tablet computers upon the market for laptop computers (a substitute) ?

• A) increased equilibrium price and decreased equilibrium quantity
• B) decreased equilibrium price and decreased equilibrium quantity
• C) increased equilibrium price and increased equilibrium quantity
• D) decreased equilibrium price and increased equilibrium quantity

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Lightweight, plastic containers made from polystyrene, commonly used for packaging food and beverages.

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