Solved

Other Things Being Equal, the Effect of a Decrease in the Price

Question 174

Multiple Choice

Other things being equal, the effect of a decrease in the price of DVDs on the market for DVD players is a(n) :


A) leftward shift in the demand curve for DVD players.
B) upward movement along the demand curve for DVD players.
C) rightward shift in the demand curve for DVD players.
D) downward movement along the demand curve for DVD players.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions