What is the effect on the price and quantity of smartphones if 1. The price of a

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What is the effect on the price and quantity of smartphones if 

1. The price of a music-streaming subscription falls or the price of a wireless plan rises? 

2. More firms produce smartphones or electronics workers’ wages rise?

3. Any two of the events in questions and 2 occur together?


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Microeconomics

ISBN: 9780134744476

13th Edition

Authors: Michael Parkin

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