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The following two events take place at the same time: increase in the number of buyers in a market, and improvement in technology that makes
The following two events take place at the same time: increase in the number of buyers in a market, and improvement in technology that makes production more efficient. Which of the following will happen? Question 15 options: A.The price increases, but the quantity may increase, decrease, or remain unchanged. B.The price decreases, but the quantity may increase, decrease, or remain unchanged. C.Quantity increases, but price may increase, decrease, or remain unchanged. D.Both price and quantity increase
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