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Kiarrra12 Kiarrra12
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3 years ago
If the demand for CD players decreases and the supply of CD players decreases, then

▸ it is clear that prices will decrease, the change in the quantity of CD players sold is ambiguous.

▸ it is clear that prices will increase, the change in the quantity of CD players sold is ambiguous.

▸ it is clear that quantity sold will decrease, the change in the price of CD players is ambiguous.

▸ it is clear that change in quantity sold is ambiguous, the change in the price of CD players is ambiguous.
Textbook 
Managerial Economics and Strategy

Managerial Economics and Strategy


Edition: 3rd
Authors:
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KweenKween
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3 years ago
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Kiarrra12 Author
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3 years ago
Good timing, thanks!
DaiwalkerX
wrote...

Yesterday
Helped a lot
logbi
wrote...

2 hours ago
Thanks
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