Is the students analysis correct

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Reference no: EM13159824

An article in the Wall Street Journal noted that the demand for Internet advertising was declining at the same time that the number of Internet sites accepting advertising was increasing. After reading the article, a student argues:From this information, we know that the price of Internet ads should fall, but we dot know whether the total quantity of Internet ads will increase or decrease. Is the students analysis correct? Illustrate your answer with a demand and supply graph.

Reference no: EM13159824

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