Cable television companies must pay increased charges by the networks for the programs the cable companies carry. As a result, the price of cable television rises. Thus
A) the demand curve for cable television service shifts rightward.
B) there is a movement down the demand curve for cable television to a higher quantity demanded.
C) there is a movement up the demand curve for cable television to a smaller quantity demanded.
D) the demand curve for cable television service shifts leftward.
Correct Answer:
Verified
Q99: Kelly graduates and her income increases by
Q100: If consumersʹ incomes increase and the demand
Q101: The quantity demanded of a good or
Q102: Which of the following would NOT shift
Q103: For "an increase in the quantity demanded"
Q105: A change in which of the following
Q106: Gruel is an inferior good. Hence, a
Q107: Which of the following lists has variables
Q108: Which of the following does NOT shift
Q109: A change in which of the following
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents