Firms that produce 90 percent of all phone cameras have shut down their facilities for maintenance. In the phone camera market this will lead to

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When 90% of the firms shut down their facilities for maintenance, the supply of phone cameras will decrease, leading to a decrease in quantity. However, since the demand for phone cameras remains the same, the decrease in supply will lead to an increase in price. Therefore, there will be an increase in price and a decrease in quantity. Choice A is the only option that reflects this scenario.

Firms That Produce 90 Percent of All Phone Cameras Have