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Suppose That the Price of Compact Disks (CDs)increases, Other Things

Question 174

Multiple Choice

Suppose that the price of compact disks (CDs) increases, other things equal.Which of the following in the most likely effect in the market for DVDs?


A) a decrease in demand for DVDs
B) an increase in demand for DVDs
C) an increase in quantity demanded of DVDs
D) a decrease in quantity demanded of DVDs
E) a decrease in the quantity supplied of DVDs

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