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Consider a market for Nintendo Switch. Suppose something happened, and the equilibrium price increased, while the equilibrium quantity decreased. Which if the following is a
Consider a market for Nintendo Switch. Suppose something happened, and the equilibrium price increased, while the equilibrium quantity decreased. Which if the following is a likely source of this change? Group of answer choices Sony PlayStation (which is a substitute good) becomes cheaper Nintendo factories shut down in China. Animal Crossing (a Nintendo Switch game) becomes a sudden hit and everyone wants to play it. parts used in production became cheaper
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