If computers are like most goods and the price of computers chips fall, then holding all else constant, the   a the price and quantity of computers will decrease b the price and quantity of computers will increase c the price of computers will increases and quantity of computers will decrease d the price of computers will decreases and quantity of computers will increase

Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter6: Consumer Choices
Section: Chapter Questions
Problem 17P: If a 10 decrease in the price of one product that you buy causes an 8 increase in quantity demanded...
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If computers are like most goods and the price of computers chips fall, then holding all else constant, the
 
a
the price and quantity of computers will decrease
b
the price and quantity of computers will increase
c
the price of computers will increases and quantity of computers will decrease
d
the price of computers will decreases and quantity of computers will increase
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