If the price of DVD players falls, there is likely to be a leftward shift in the demand for DVD movie rentals.

Name: If the price of DVD players falls, there is likely to be a leftward shift in the demand for DVD movie rentals.
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Question

Quizplus · Accepted Answer

A fall in the price of DVD players is likely to increase the demand for DVD movie rentals, as more people will be able to purchase DVD players and will need movies to watch on them. This would cause a rightward shift in the demand for DVD movie rentals, not a leftward shift.

If the Price of DVD Players Falls, There Is Likely