Question: This question has multiple answers. Select all that apply. Assume production technology improved. At the same time, consumers' income has increased and the good is

This question has multiple answers. Select all that apply. Assume production technology improved. At the same time, consumers' income has increased and the good is a normal good. There are no other changes. Equilibrium quantity increases O Demand increases Demand decreases Supply increases O Equilibrium quantity decreases O Supply decreases O Equilibrium price increases O Equilibrium price decreases

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