Multiple Choice
What is the most likely effect of the development of XBOX with DVD capabilities on the DVD player industry?
A) Increased price elasticity of demand for the DVD player industry because XBOX are complements
B) decreased price elasticity of demand for the DVD player industry because XBOX are complements
C) Increased price elasticity of demand for the DVD player industry because XBOX are substitutes
D) decreased price elasticity of demand for the DVD player industry because XBOX are substitutes
Correct Answer:
Verified
Correct Answer:
Verified
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