1. If Rob would like to purchase a new plasma TV but cannot afford to purchase it, then he does not have a demand for the plasma TV. A. True B. False   2. If the supply and demand for a product both decrease then equilirium A. quantity and equilibrium price must both decline. B. quantity and equilibrium price must both increase. C. price must fall, but equilibrium quantity may either rise, fall, or remain unchanged. D. quantity must decline, but equilibrium price may either rise, fall, or remain unchanged. E. quantity must fall and equilibrium price must rise

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