The price of rulers (complement of erasers in production) increases. This causes the equilibrium price to and the equilibrium quantity to in the market for erasers, ceteris paribus.

decrease; decrease

increase; increase

decrease; increase

increase; decrease

remain unchanged; remain unchanged

1 answer

increase; decrease

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The price of rulers (complement of erasers in production) increases. This causes the equilibrium price to __________ and the equilibrium quantity to __________ in the market for erasers, ceteris paribus.