The price of desktop computers (substitute of laptops in consumption) decreases. This causes the equilibrium price to _ and the equilibrium quantity to _ in the market for laptops, ceteris paribus.

decrease; decrease
increase; increase
decrease; increase
increase; decrease

1 answer

increase; decrease

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The price of desktop computers (substitute of laptops in consumption) decreases. This causes the equilibrium price to _____ and the equilibrium quantity to _____ in the market for laptops, ceteris paribus.