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The market for pencils is in equilibrium. If the price of pens (a substitute for pencils) increases the impact on the market for pencils will

The market for pencils is in equilibrium. If the price of pens (a substitute for pencils) increases the impact on the market for pencils will be ___________ in equilibrium price and __________ in equilibrium quantity.

[1] a decrease; a decrease

[2] a decrease; an increase

[3] an increase; a decrease

[4] an increase; an increase

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