Consider the market for camera film. If more people start using digital cameras, which do not require film,
A) the supply curve of film shifts rightward.
B) the demand curve for film shifts leftward.
C) there is a movement up along the demand curve for film.
D) there is a movement down along the demand curve for film.
E) neither the demand curve nor the supply curve for film shifts; instead there is a movement along both.
B
Economics
You might also like to view...
Average total cost is equal to average variable cost minus average fixed cost
Indicate whether the statement is true or false
Economics
The money multiplier and the income multiplier are two ways of referring to the same concept.
Answer the following statement true (T) or false (F)
Economics