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1. Consider the demand for computers. For each of the following, state the effect on demand: a. An increase in consumer incomes b. An increase
1. Consider the demand for computers. For each of the following, state the effect on demand:
a. An increase in consumer incomes
b. An increase in the price of computers
c. A decrease in the price of Internet service providers
d. A decrease in the price of semiconductors
e. It is October, and consumers expect that computers will go on sale just before Christmas.
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