Assume the price of i-phones has recently decreased due to lower manufacturing costs. Which of the following best describes the likely changes in the market for i-phones? Group of answer choices The demand for i-phones will increase because of lower manufacturing costs The supply of i-phones will decrease because it is cheaper to produce i-phones The demand for i-phones will decrease because the supply of i-phones will increase The supply of i-phones will increase and the quantity demanded of i-phones will likely increase due to the lower price of i-phones