Question: Suppose that the demand for tablets increases and simultaneously, the supply of tablets increases. Which of the following would you conclude definitely will occur in
Suppose that the demand for tablets increases and simultaneously, the supply of tablets increases. Which of the following would you conclude definitely will occur in the market for tablets?
a) the equilibrium quantity will rise
b) the equilibrium quantity will fall
c) the market clearing price will fall
d) the market clearing price will rise
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