Students can rent a Blu- ray movie at Campus Video for $4. As the price of Blu- ray players falls, the

Question

Quizplus · Accepted Answer

As the price of Blu-ray players falls, more people are likely to buy Blu-ray players, increasing the demand for Blu-ray movies since more people will want to use their new players to watch movies. This is a demand-side effect, not a supply-side effect, and it's about the demand increasing, not the quantity demanded at a specific price.

Students Can Rent a Blu- Ray Movie at Campus Video