MCQOPTIONS
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				| 1. | 
                                    Suppose there is an increase in both the supply and demand for personal computers. In the market for personal computers, we would expect? | 
                            
| A. | the equilibrium quantity to rise and the equilibrium price to rise | 
| B. | the equilibrium quantity to rise and the equilibrium price to fall | 
| C. | the equilibrium quantity to rise and the equilibrium price to remain constant | 
| D. | the change in the equilibrium quantity to be ambiguous and the equilibrium price to rise | 
| Answer» B. the equilibrium quantity to rise and the equilibrium price to fall | |