A decrease systems a. an increase in the supply of GPS systems b. a smaller quantity of GPS systems supplied c. a larger quantity of GPS systems supplied d. a decrease in the demand for GPS systems

Microeconomics
13th Edition
ISBN:9781337617406
Author:Roger A. Arnold
Publisher:Roger A. Arnold
Chapter3: Supply And Demand: Theory
Section: Chapter Questions
Problem 6QP
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A decrease in the price of GPS systems will result in:
a. an increase in the supply of GPS systems
b. a smaller quantity of GPS systems supplied
c. a larger quantity of GPS systems supplied
d. a decrease in the demand for GPS systems
Transcribed Image Text:A decrease in the price of GPS systems will result in: a. an increase in the supply of GPS systems b. a smaller quantity of GPS systems supplied c. a larger quantity of GPS systems supplied d. a decrease in the demand for GPS systems
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