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All else held constant, an increase in the price of tablets will
result in a
rightward shift of the demand curve for tablets.
leftward shift of the demand curve for tablets.
decrease in the demand for tablets.
movement up and to the left along the demand curve for
tablets.
Answer
The correct answer is : d)
Reason:
Initially, the price was p0 and quantity demanded was Q0. As
price increases to P1, there is an upward movement to the left
along the demand curve and the quantity demanded decreases to
Q1.
Thanks!
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