1. If computers are like most goods and the price of computers chips fall, then holding all else constant, the A. the price and quantity of computers will decrease B. the price and quantity of computers will increase C. the price of computers will increases and quantity of computers will decrease D. the price of computers will decreases and quantity of computers will increase 2. Quantity demanded is A. what makes up the demand curve, when combined with price levels. B. the amount that an individual demands at a particular price level. C. always combined with price levels. D. all of the above are correct 3. Suppose that today the market for homes is in equilibrium. Tomorrow both the supply and demand curves for homes will shift to the right. As a result, the equilibrium quantity........... and the equilibrium price............. A. will rise; cannot be determined B. will fall; cannot be determined C. cannot be determined; will rise D. cannot be determine; will fall