The composition of demand and supply in various markets is not important to the question of inflation.

Assume that both the demand curve and the supply curve for DVD players shift to the left but the supply curve shifts more than the demand curve. As a result

A) both the equilibrium price and quantity of DVD players will decrease. B) the equilibrium price of DVD players will decrease; the equilibrium quantity may increase or decrease. C) the equilibrium price of DVD players may increase or decrease; the equilibrium quantity will increase. D) the equilibrium price of DVD players will increase; the equilibrium quantity will decrease.

During this century, court decisions on antitrust have:

a. changed from per se, to rule of reason, and back to per se. b. changed from rule of reason, to per se, and back to rule of reason. c. always emphasized per se. d. always emphasized rule of reason. e. varied from judge to judge without following any pattern.