Which of the following would cause the demand curve for DVDs to shift to the right?
a. a decrease in the price of DVDs
b. a decrease in the price of DVD players
c. a change in the tastes towards watching movies in movie theaters
d. a decrease in the number of people in the market for DVDs
b
Economics
You might also like to view...
A monopolistically competitive firm faces a relatively steeper demand curve than that of a perfectly competitive firm
a. True b. False Indicate whether the statement is true or false
Economics
According to the quantity theory of money, if an economy produces 5,000 units of output, its money supply equals $40,000 . and the velocity of money equals one, then the price level will equal
a. $0.13 b. $1.25 c. $8 d. $200 e. $8,000
Economics