Business, 01.10.2019 22:10 kennyg02

If the equilibrium quantity demanded for a new sports watch is 900 truckloads of watches, and the equilibrium price is $70 per watch, then a drop in the price of watches to $40

a. would lower the quantity demanded of these sports watches

b. would lower the demand for all sports watches

c. would raise the demand for all sports watches

d. would raise the quantity demanded of these sports watches

Answers: 1

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If the equilibrium quantity demanded for a new sports watch is 900 truckloads of watches, and the eq...

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