Business, 29.10.2019 00:31 queentynaisa

Identify which of the following would generate a decrease in the market demand for e-book readers, which are a normal good.
i. an increase in the price of downloadable apps utilized to enhance the e-book reading experience, which are complements.
ii. an increase in the number of consumers in the market for e-book readers.
iii. a decrease in the price of tablet devices, which are substitutes.
iv. a reduction in the income of consumers of e-book readers.
a. both iii and iv.
b. only iv.
c. i, iii and iv.
d. both i and iv.

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Identify which of the following would generate a decrease in the market demand for e-book readers, w...

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