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If both Pepsi and Coca-Cola increase their advertising simultaneously, we would expect the equilibrium price for Pepsi to ___________________ and the equilibrium quantity to _____________________
If both Pepsi and Coca-Cola increase their advertising simultaneously, we would expect the equilibrium price for Pepsi to ___________________ and the equilibrium quantity to _____________________
Group of answer choices
decrease, increase
decrease, decrease
We cannot tell without more information.
increase, increase
increase, decrease
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