iPods rise in price while CDs fall in price. The combined effect of these two changes is to create a

Name: iPods rise in price while CDs fall in price. The combined effect of these two changes is to create a
Brand: Quizplus
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Question

Quizplus · Accepted Answer

As iPods become more expensive and CDs become cheaper, consumers may shift their preference towards portable CD players, increasing their demand and causing a rightward shift in the demand curve for portable CD players.

IPods Rise in Price While CDs Fall in Price