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 133 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
Gracias!

smrtceo

  • Member
  • Posts: 344
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Cyanide works by making the human body unable to use oxygen.

Did you know?

Sildenafil (Viagra®) has two actions that may be of consequence in patients with heart disease. It can lower the blood pressure, and it can interact with nitrates. It should never be used in patients who are taking nitrates.

Did you know?

About one in five American adults and teenagers have had a genital herpes infection—and most of them don't know it. People with genital herpes have at least twice the risk of becoming infected with HIV if exposed to it than those people who do not have genital herpes.

Did you know?

Approximately 70% of expectant mothers report experiencing some symptoms of morning sickness during the first trimester of pregnancy.

Did you know?

As many as 28% of hospitalized patients requiring mechanical ventilators to help them breathe (for more than 48 hours) will develop ventilator-associated pneumonia. Current therapy involves intravenous antibiotics, but new antibiotics that can be inhaled (and more directly treat the infection) are being developed.

Primary production is positively correlated with the evapotranspiration rate. Primary production is positively correlated with the evapotranspiration rate.
Variegated leaves caused by a mutation in cpDNA Variegated leaves caused by a mutation in cpDNA
Cerebral aneurysm. A cerebral aneurysm is the abnormal dilation of arteries supplying the brain, whi Cerebral aneurysm. A cerebral aneurysm is the abnormal dilation of arteries supplying the brain, whi
The bacterial cell wall: (a) gram-positive bacterium; (b) gram-negative bacterium. The bacterial cell wall: (a) gram-positive bacterium; (b) gram-negative bacterium.
Stem Cell Production Stem Cell Production
The profit, p(t), made at a fair depends on the price of the ticket, t. The profit is modelled ... The profit, p(t), made at a fair depends on the price of the ticket, t. The profit is modelled ...
Video: Monohybrid crosses

For a complete list of videos, visit our video library