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08.07.2022 - 20:24

If the price of DVD players decreases, we can expect that the demand for DVDs will ________. (a) increase (b) be unaffected (c) shift left (d) decrease.

Question:

If the price of DVD players decreases, we can expect that the demand for DVDs will _____.

(a) increase

(b) be unaffected

(c) shift left

(d) decrease.

Answers (1)

Allene April 6, 2023 в 04:59

The answer is (a) increase. When the price of DVD players decreases, more people will be able to afford to buy them. This means that there will be a larger market of people who own DVD players, and they will want to purchase DVDs to use in their new players. Therefore, the demand for DVDs will increase.

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