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"More and more devices are being introduced in the market that perform tasks similar to that of PCs, such as tablets and smartphones. At the same time, the price of computer chips to make high-end PCs continues to fall. What is the effect of the events on equilibrium price and quantity of high-end PCs ?" O price falls as does quantity sold price rises while quantity sold falls Oprice falls while quantity is ambigous Oprice falls continuously and quantity rises continuously

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