Author Question: What can explain the fact that DVD players decreased in price during the 1990s even as more DVD ... (Read 111 times)

mydiamond

  • Hero Member
  • *****
  • Posts: 804
What can explain the fact that DVD players decreased in price during the 1990s even as more DVD players were being sold?
 
  A) The demand for DVDs was declining.
  B) The supply of DVD players was decreasing.
  C) The supply of DVD players was increasing more than the demand for DVD players.
  D) The demand for DVD players was increasing more than the supply of DVD players.

Question 2

If oranges were found to cure cancer,
 
  A) the equilibrium price of apples would likely fall.
  B) the equilibrium price of oranges would likely increase in the near term.
  C) the equilibrium quantity of oranges would likely increase.
  D) All of the above.


alexanderhamilton

  • Sr. Member
  • ****
  • Posts: 334
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?

Fungal nail infections account for up to 30% of all skin infections. They affect 5% of the general population—mostly people over the age of 70.

Did you know?

Multiple sclerosis is a condition wherein the body's nervous system is weakened by an autoimmune reaction that attacks the myelin sheaths of neurons.

Did you know?

Cutaneous mucormycosis is a rare fungal infection that has been fatal in at least 29% of cases, and in as many as 83% of cases, depending on the patient's health prior to infection. It has occurred often after natural disasters such as tornados, and early treatment is essential.

Did you know?

Pubic lice (crabs) are usually spread through sexual contact. You cannot catch them by using a public toilet.

Did you know?

Always store hazardous household chemicals in their original containers out of reach of children. These include bleach, paint, strippers and products containing turpentine, garden chemicals, oven cleaners, fondue fuels, nail polish, and nail polish remover.

For a complete list of videos, visit our video library