The international data has forecast that sales of PCs and tablets will be down significantly in 2022 and will continue to decline in 2023,leading to heavy discounts for consumers. The above expectations will have which ceteris paribus effect on the market for PCs and tablets? A. The equilibrium price will decrease B.the supply curve will shift outwards C. The demand curve will shift outwards D. The equilibrium price will increase
The international data has forecast that sales of PCs and tablets will be down significantly in 2022 and will continue to decline in 2023,leading to heavy discounts for consumers. The above expectations will have which ceteris paribus effect on the market for PCs and tablets? A. The equilibrium price will decrease B.the supply curve will shift outwards C. The demand curve will shift outwards D. The equilibrium price will increase
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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The international data has
A. The
B.the supply curve will shift outwards
C. The demand curve will shift outwards
D. The equilibrium price will increase
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