Answer the following statement(s) true (T) or false (F)

1. When the cost to manufacture a CD was cut in half, record companies quickly passed this savings
along to the consumer in order to gain market share.
2. The CD was eclipsed in the digital millennium by streaming and downloading because the compact
disc was an analog format.
3. Because consumers initially paid more for CDs than cassettes, record labels raised artist royalty
percentages in the first years of the format’s rise.
4. The rise of P2P file sharing in the 1990s boosted the overall sale of CDs in the United States due to
greatly heightened consumer awareness of new artists.
5. Unlike previous physical formats, the CD could be copied only with a perceivable loss to fidelity.

1. False
2. False
3. False
4. False
5. False