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Answer all 3 questions 9New Tab X + Q structure.com/courses/531794/quizzes/3700967/take Maps The market for Toyota cars is initially in equilibrium. Toyota Corp. engages in a

Answer all 3 questions

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9New Tab X + Q structure.com/courses/531794/quizzes/3700967/take Maps The market for Toyota cars is initially in equilibrium. Toyota Corp. engages in a nationwide advertising campaign to promote sales. The campaign is successful so the demand for Toyota cars increases. Therefore, it can be concluded that the equilibrium price of Toyota cars will_ increase O decrease O remain the same none of these Question 2 5 pts The market for Toyota cars is initially in equilibrium. Toyota Corp. engages in a nationwide advertising campaign to promote sales. The campaign is successful so the demand for Toyota cars increases. Therefore, it can be conteluded that the equilibrium quantity of Toyota cars will O increase O decrease O remain the same none of the above D Question 3 5 pts The market for apartments is in equilibrium. Suppose a tragic event (such as a fire) destroys several apartment units so the supply of apartments decreases. It can be concluded that the equilibrium price of apartments will _ increase O decrease remain the same none of these

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