Multiple Choice
LCD displays were first researched in the 1960s.In 1999 Corning Inc.developed a new manufacturing process that allowed for the production of thin, clear glass.How did this change in technology affect the market for LCD TVs?
A) The new technology caused an increase in the supply of LCD TVs and a decrease in the price of LCD TVs.
B) The new technology caused an increase in the supply of LCD TVs and an increase in the price of LCD TVs.
C) The new technology caused an decrease in the demand for LCD TVs.
D) The new technology caused an increase in the quantity of LCD TVs players supplied.
Correct Answer:
Verified
Correct Answer:
Verified
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