If the number of buyers of DVD movies increases, other things being equal, there will be an increase in the equilibrium price of DVD movies and a decrease in the equilibrium quantity sold.

Question

Quizplus · Accepted Answer

An increase in the number of buyers typically leads to an increase in demand, which, holding everything else constant, would increase both the equilibrium price and the equilibrium quantity sold of DVD movies.

If the Number of Buyers of DVD Movies Increases, Other