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The WSJ states that New technology lowers the cost of making VR headsets. Which of the following is a predictable reaction to this headline? Group
The WSJ states that "New technology lowers the cost of making VR headsets". Which of the following is a predictable reaction to this headline? Group of answer choices The demand for VR headsets will not be affected by the lower cost due to new technology. The higher supply of VR headsets increases the equilibrium quantity of VR headsets in the market. All the answers are correct. The supply of VR headsets increases, lowering their market price
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