Question: The effect of a decrease in consumer income on equilibrium price and quantity of personal computers ( a normal good ) is a . to
The effect of a decrease in consumer income on equilibrium price and quantity of personal computers a normal good is
a to decrease equilibrium price and quantity
b to increase equilibrium price and quantity
c to increase equilibrium price and decrease equilibrium quantity
d to increase equilibrium quantity and decrease equilibrium price
e that equilibrium price and quantity remain constant
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