What happens to the quantity of smartphones supplied and the supply of smartphones if the price of a smartphone falls? Draw a supply curve of smartphones. Label it. Use any prices and quantities you wish but make your supply curve obey the law of supply. Then draw an arrow to indicate what happens to the quantity of smartphones supplied when the price of a smartphone falls. A fall in the price of a smartphone. OA. does not change; decreases OB. decreases; does not change OC. decreases; decreases O D. does not change; does not change the quantity supplied and supply. 500- 450- 400- 350- 300- 250- 200- 150- 100- 50- 0+ 0 Price (dollars per smartphone) Quantity (millions of smartphones per year) >>> Draw only the objects specified in the questi

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