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Suppose that consumers' incomes increased, such that more video games were demanded at each price level. After the increase in demand, the new equilibrium price is _____, where both supply and demand equal _____.

$120, 200 video games
$160, 300 video games
$120, 300 video games

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User Ncesar
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1 Answer

2 votes
I Believe the answer is A
answered
User Oleckkxs
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