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15 July, 23:13

Suppose the price of a complement to LCD televisions falls. What effect will this have on the market equilibrium for LCD TVs? The equilibrium price of LCD TVs will

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  1. 16 July, 00:06
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    The equilibrium price of the LCD TVs will increase and the equilibrium quantity will increase.

    Explanation:

    When the price of a complement falls, the demand for the good increases so price and quantity increases.
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