Improvements in artificial intelligence decreased the costs law firms. In the market for legal consultation (service provided by law firms) there will be a ? a. increase in quantity supplied and a decrease in equilibrium price. ? b. increase in supply and a decrease in equilibrium price. ? c. decrease in quantity supplied and an increase in equilibrium price. ? d. decrease in supply and an increase in equilibrium price.
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This means that the cost of providing legal consultation services has decreased. Show more…
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