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1 vote
Computer chips are a normal good. suppose the economy slips into a recession so that income falls. as a​ result, the demand for computer chips​ ________ so that the price of a computer chip​ ________.

1 Answer

6 votes
Decrease, decreases.

The decrease in demand for computer chips leads to a leftward shift of the demand curve, which shows a decrease in price.
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User Riccardolardi
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