In the market for IPADs, assuming everything else remains unchanged, the equilibrium price of IPADs will decrease if?

Answer 1

1. There is an increase in the supply of IPADs, such as new models being released or more suppliers entering the market.
2. There is a decrease in the demand for IPADs, such as consumers preferring other types of technology or a decrease in disposable income.
3. There is a decrease in production costs for IPADs, such as lower cost of components or more efficient production processes.
4. There is a decrease in the price of substitute goods, making IPADs comparatively more expensive.
5. There is a decrease in the price of complementary goods, making IPADs more attractive to consumers.