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Title: Suppose we observe that both the equilibrium price of film cameras and the equil Post by: Lauren1 on Nov 11, 2014 Suppose we observe that both the equilibrium price of film cameras and the equilibrium quantity of film cameras have fallen. Which of the following could be responsible for this?
A) Consumers' preferences changed in favor of digital cameras. B) Technological advances were made in film camera production. C) Workers who make cameras received a pay raise. D) The price of digital cameras increased. Title: Re: Suppose we observe that both the equilibrium price of film cameras and the equil Post by: MrDereche on Nov 15, 2014 Content hidden
Title: Re: Suppose we observe that both the equilibrium price of film cameras and the equil Post by: Lauren1 on Nov 17, 2014 Thank you, this really, really helps :heart:
Title: Re: Suppose we observe that both the equilibrium price of film cameras and the equil Post by: MrDereche on Nov 17, 2014 You're welcome!
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