Question: Nowadays, we can choose either a laptop computer or a tablet to be a portable electronic device. Recently, the consumers of those electronics devices

Nowadays, we can choose either a laptop computer or a tablet to

Nowadays, we can choose either a laptop computer or a tablet to be a portable electronic device. Recently, the consumers of those electronics devices find that the price of tablets increases sharply. What are the effects on the equilibrium price and equilibrium quantity in the market of laptop computers? No diagram is needed but you need to describe how the curve(s) shifts in your written explanation. (6 marks)

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