The demand for internet advertising was declining

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Q. An article in the Wall Street Journal notes which during early 2009 the demand for Internet advertising was declining at the similar time which the number of Internet sites accepting advertising was increasing. After reading the article, a student argues: ‘From this information, we know which the quantity of Internet ads will decrease but we do not know whether the price of Internet ads should increase or else decrease.' Is the student's analysis correct? Please Explicate in detail the changes experienced in the market for Internet advertising.

Reference no: EM1313346

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