During a severe recession, the demand for luxury automobiles will be affected. At the same time, more companies introduce new models of luxury automobiles. As a result of these changes, what would happen to the equilibrium of the automobile market?   a. the effect on the market equilibrium price of luxury automobiles cannot be predicted. b. the market equilibrium quantity of luxury automobiles sold will definitely increase. c.   the market equilibrium price of luxury automobiles will definitely decrease.   d. the market equilibrium price of luxury automobiles will definitely increase.

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