Multiple Choice
Networks increase the price they charge cable television firms for programming.As a result,the price of cable television rises.Choose the correct statement.
A) A movement occurs up along the demand curve for cable television and the quantity demanded increases.
B) The demand curve for cable television shifts rightward.
C) The demand curve for cable television shifts leftward.
D) A movement occurs up along the demand curve for cable television and the quantity demanded decreases.
E) The price of cable television does not change because subscribers are already paying a high enough price.
Correct Answer:
Verified
Correct Answer:
Verified
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