Question
If consumers suddenly desire many more temporary tattoos, and at the same time, the cost of henna, an ingredient in temporary tattoos increases: the equilibrium
If consumers suddenly desire many more temporary tattoos, and at the same time, the cost of henna, an ingredient in temporary tattoos increases:
the equilibrium price and quantity increase in the tattoo market.
the equilibrium price and quantity decrease in the tattoo market.
the equilibrium price increases and the equilibrium quantity decreases in the tattoo market.
the equilibrium price decreases and the equilibrium quantity increases in the tattoo market.
the equilibrium price increases, but the change in equilibrium quantity is indeterminate in the tattoo market.
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