Question
In the market for IPADs, assuming everything else remains unchanged, the equilibrium price of IPADs will decrease if:
there is a shortage of IPADs.
the price of iPhones, a complement, decreases.
the supply of IPADs decreases.
there is a technological improvement in the manufacturing of IPADs
there is a shortage of IPADs.
the price of iPhones, a complement, decreases.
the supply of IPADs decreases.
there is a technological improvement in the manufacturing of IPADs
Answers
GPT 3.5
the price of iPhones, a complement, decreases.
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