This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Positive technological change in the production of LCD televisions caused the price of LCD ... (Read 89 times)

mckennatimberlake

  • Hero Member
  • *****
  • Posts: 559
on: Jun 29, 2018
Positive technological change in the production of LCD televisions caused the price of LCD televisions to fall. Holding everything else constant, how would this affect the market for Blu-ray players (a complement to LCD televisions)?
 
  A) The demand for Blu-ray players would increase and the equilibrium price of Blu-ray players would decrease.
  B) The demand for Blu-ray players would decrease because consumers could afford to buy fewer LCD televisions and Blu-ray players.
  C) The demand for Blu-ray players would increase and the equilibrium price of Blu-ray players would increase.
  D) The supply of Blu-ray players would increase and the equilibrium price of Blu-ray players would decrease.

Question 2

Why was the recovery from the 20082009 recession so slow?
 
  What will be an ideal response?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

CourtneyCNorton

  • Sr. Member
  • ****
  • Posts: 317
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

The recovery from the recession has been slow because investment has not rebounded. Investment has remained low because of uncertainty about the future.


mckennatimberlake

  • Member
  • Posts: 559
Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

parshano

  • Member
  • Posts: 333
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Common abbreviations that cause medication errors include U (unit), mg (milligram), QD (every day), SC (subcutaneous), TIW (three times per week), D/C (discharge or discontinue), HS (at bedtime or "hours of sleep"), cc (cubic centimeters), and AU (each ear).

Did you know?

In the United States, there is a birth every 8 seconds, according to the U.S. Census Bureau's Population Clock.

Did you know?

Recent studies have shown that the number of medication errors increases in relation to the number of orders that are verified per pharmacist, per work shift.

Did you know?

Though “Krazy Glue” or “Super Glue” has the ability to seal small wounds, it is not recommended for this purpose since it contains many substances that should not enter the body through the skin, and may be harmful.

Did you know?

About 600,000 particles of skin are shed every hour by each human. If you live to age 70 years, you have shed 105 pounds of dead skin.

Inflammation. Inflammation is characterized by the presence of swelling, redness, heat, and pain. Sw Inflammation. Inflammation is characterized by the presence of swelling, redness, heat, and pain. Sw
Donald Trump and Climate Change Donald Trump and Climate Change
Block Diagram of a High Concentrate Nitric Acid System for Dual-Stage Pressure Production of Nitric Block Diagram of a High Concentrate Nitric Acid System for Dual-Stage Pressure Production of Nitric
Uticaria, a skin rash caused by type I hypersensitivity. Uticaria, a skin rash caused by type I hypersensitivity.
The Zones of Injury Commonly Caused by a Thermal Burn The Zones of Injury Commonly Caused by a Thermal Burn
No gene interaction in the production of feather color in budgerigar parakeets No gene interaction in the production of feather color in budgerigar parakeets
Video: Molecules, Membrane Permeability and Structure

For a complete list of videos, visit our video library