Suppose the price of a monthly data plan required for access to the Internet using a tablet falls in price. How would this affect the market for tablets? a. An increase in demand with an increase in equilibrium price and quantity.
b. A decrease in supply with a decrease in equilibrium quantity and an increase in equilibrium price.
c. An increase in supply with an increase in equilibrium quantity and a decrease in equilibrium price.
d. A decrease in demand with a decrease in equilibrium price and quantity.