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IPods Rise in Price While CDs Fall in Price

Question 193

Multiple Choice

iPods rise in price while CDs fall in price. The combined effect of these two changes is to create a


A) rightward shift of the supply curve of portable CD players.
B) rightward shift of the demand curve for portable CD players.
C) leftward shift of the supply curve of portable CD players.
D) leftward shift of the demand curve for portable CD players.

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