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1. A decrease in the price of e-book readers affects both the market for e-book readers and the market for printed books. a) Is the

1. A decrease in the price of e-book readers affects both the market for e-book readers and the market for printed books.

a) Is the change in the e-book reader market a change in quantity demanded or in demand? Explain.

b) Is the change in the printed book market a change in quantity demanded or in demand? Explain.

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