Advanced Placement (AP), 07.03.2021 19:50 sandy3711
What would happen to the equilibrium price and quantity for a good if the price of one of its complements decreased?
The equilibrium price would decrease, and the equilibrium quantity would decrease.
The equilibrium price would decrease, and the equilibrium quantity would increase.
The equilibrium price would increase, and the equilibrium quantity would decrease.
The equilibrium price would increase, and the equilibrium quantity would increase.
There would be no change in either equilibrium price or quantity.
Answers: 2
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What would happen to the equilibrium price and quantity for a good if the price of one of its comple...
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