Technological advances have increased the supply of digitalcameras. As a result the:
A) demand for digital cameras will increase, putting downward pressure on the price of digital cameras.
B) quantity demanded for digital cameras will increase.(True Answer ) Correct
C) quantity supplied of digitals cameras will increase, putting downward pressure on the price of digital cameras.
D) demand and supply of digital cameras will both increase.
Correct Answer:
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A)the market