Author Question: Other things being equal, the effect of a decrease in the price of DVDs on the market for DVD ... (Read 42 times)

eruditmonkey@yahoo.com

  • Hero Member
  • *****
  • Posts: 546
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.

Question 2

Assuming DVDs and DVD players are complements, the effect of an increase in the price of DVD players on the market for DVDs is a(n):
 a. downward movement along the demand curve for DVDs.
  b. upward movement along the demand curve for DVDs.
  c. rightward shift in the demand curve for DVDs.
  d. leftward shift in the demand curve for DVDs.



reelove4eva

  • Sr. Member
  • ****
  • Posts: 332
Answer to Question 1

c

Answer to Question 2

d



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Patients should never assume they are being given the appropriate drugs. They should make sure they know which drugs are being prescribed, and always double-check that the drugs received match the prescription.

Did you know?

Asthma attacks and symptoms usually get started by specific triggers (such as viruses, allergies, gases, and air particles). You should talk to your doctor about these triggers and find ways to avoid or get rid of them.

Did you know?

There are more sensory neurons in the tongue than in any other part of the body.

Did you know?

All adults should have their cholesterol levels checked once every 5 years. During 2009–2010, 69.4% of Americans age 20 and older reported having their cholesterol checked within the last five years.

Did you know?

The first monoclonal antibodies were made exclusively from mouse cells. Some are now fully human, which means they are likely to be safer and may be more effective than older monoclonal antibodies.

For a complete list of videos, visit our video library