Which of the following shifts the demand curve for movie downloads rightward?
A) a decrease in the price of downloading a movie
B) a 10 percent increase in people's income if movie downloads are a normal good
C) a decrease in the price of cable television service
D) an increase in the quantity and quality of programming included in the basic cable television service package
B
Economics
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The law of demand says that the lower the price, the
a. greater is the quantity demanded b. greater is the demand for the good c. smaller is the demand for the good d. smaller is the quantity demanded e. larger is the supply of the good
Economics
Perfect competition is characterized by numerous firms.
Answer the following statement true (T) or false (F)
Economics