Which of the following would cause an unambiguous decrease in the real price of DVD players?
A) A shift to the right in the supply curve for DVD players and a shift to the right in the demand curve for DVD players.
B) A shift to the right in the supply curve for DVD players and a shift to the left in the demand curve for DVD players.
C) A shift to the left in the supply curve for DVD players and a shift to the right in the demand curve for DVD players.
D) A shift to the left in the supply curve for DVD players and a shift to the left in the demand curve for DVD players.
B
You might also like to view...
In the Solow growth model, investment is a ________ variable and depreciation is a ________ variable
A) stock; stock B) stock; flow C) flow; stock D) flow; flow
If the price of automobiles were to increase substantially, the demand curve for gasoline would most likely
A) shift leftward. B) shift rightward. C) remain unchanged. D) become steeper.