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Business, 13.12.2019 19:31 rbgrh8183

For each of the following shifts in the demand curve and associated price change of a complement or substitute item, explain whether the change in the price of the complement or substitute must have been an increase or a decrease. upper a rise in the demand for a dashboard global positioning minus system device follows a change in the price of automobiles comma which are complements. a rise in the demand for a dashboard global positioning−system device follows a change in the price of automobiles, which are complements. ▼ the price of the complement increased. the price of the complement decreased. upper a rise in the demand for tablet devices follows a change in the price of ultrathin laptop computers comma which are substitutes. a rise in the demand for tablet devices follows a change in the price of ultrathin laptop computers, which are substitutes. ▼ the price of the substitute increased. the price of the substitute decreased.

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For each of the following shifts in the demand curve and associated price change of a complement or...
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