American consumers are using a record number of cell phones. As a result, sales of cell
phones have been affected. According to the dynamics of supply and demand, what will
happen to the price of cell phones?
The price will:
A. Increase to make up for the loss in profits
B. Remain the same because the cost to manufacture cell phones stays the same
C. Decrease to encourage consumers to buy cell phones
D. Increase in order for manufacturers to improve the quality of cell phones
E. Remain the same because fewer cell phones will be available for sale