Multiple Choice
Use the following to answer questions :
Figure: The DVD Rental Market
-(Figure: The DVD Rental Market) Look at the figure The DVD Rental Market. If the rental price of DVDs rises from $5 to $7:
A) demand will decrease from 50 to 30 rentals per weekend.
B) the quantity demanded will decrease from 50 to 30 rentals per weekend.
C) supply will increase from 50 to 70 rentals per weekend.
D) the quantity supplied will increase from 50 to 60 rentals per weekend.
Correct Answer:

Verified
Correct Answer:
Verified
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