16. Suppose over the next 10 years the technology associated with producing electric cars advances greatly while the number of buyers in the market increases only slightly. This would mean that a The price of electric cars would continue to fall b. The price of electric cars would not change but quantity would increase. c. Quantity supplied would rise. prices would fall, and demand would increase due to the falling prices. d. The price of gas-powered cars would fall. e. A and D only