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Business, 18.09.2019 04:00 malik1885

If income decreases and, at the same time, a new technology is discovered that lowers the cost of producing the good, which of the following will happen? a. the equilibrium quantity will increase. the equilibrium price will increase. b. cannot tell the change in equilibrium quantity. the equilibrium price will decreasec. the equilibrium quantity will decrease. the equilibrium price will increased. cannot tell change in equilibrium quantity. cannot tell the change in equilibrium price

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