What would we expect in the market for personal computers? Suppose - ProProfs Discuss
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What would we expect in the market for personal computers? Suppose there is an increase in both the supply and demand for personal computers.



A. Equilibrium quantity to rise and the equilibrium price to rise
B. Equilibrium quantity to rise and the equilibrium price to fall
C. Equilibrium quantity to rise and the equilibrium price to remain constant
D. Equilibrium quantity to rise and the change in the equilibrium price to be ambiguous
E. Change in the equilibrium quantity to be ambiguous and the equilibrium price to rise

This question is part of Microeconomics [Ch.
Asked by Emy_, Last updated: Jan 25, 2020

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Emy_

Emy_

Answered Oct 04, 2017

Equilibrium quantity to rise and the change in the equilibrium price to be ambiguous
 

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