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If the Demand for EBook Readers Increases and the Supply

Question 98

Multiple Choice

If the demand for eBook readers increases and the supply of eBook readers increases, then


A) it is clear that prices will increase, the change in the quantity of eBook readers sold is ambiguous.
B) it is clear that prices will decrease, the change in the quantity of eBook readers sold is ambiguous.
C) it is clear that quantity sold will increase, the change in the price of eBook readers is ambiguous.
D) it is clear that quantity sold will decrease, the change in the price of eBook readers is ambiguous.

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