Cell phones and bluetooth headsets are complements. A decrease in the price of bluetooth headsets would cause which of the following in the market for cell phones?
A) The equilibrium price and quantity of cell phones would increase.
B) The equilibrium price and quantity of cell phones would decrease.
C) The equilibrium price of cell phones would increase and the equilibrium quantity would decrease.
D) The equilibrium price of cell phones would decrease and the equilibrium quantity would increase.
Correct Answer:
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