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Business, 26.02.2020 00:17 banna01man

Assume declining profits in the market for Internet service force several firms in the area to drop out of the market. All else constant, this would cause the.

a. equilibrium price to increase and equilibrium quantity to decrease.
b. equilibrium price and quantity to decrease.
c. equilibrium price and quantity to increase.
d. equilibrium price to decrease and equilibrium quantity to increase.

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