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Consumers Have Been Buying Fewer CDs as Downloadable Music Has

Question 1

Multiple Choice

Consumers have been buying fewer CDs as downloadable music has become easier to purchase and use. We would represent this as


A) a leftward shift of the demand curve for CDs.
B) a rightward shift of the demand curve for CDs.
C) a change in the price of CDs.
D) a leftward shift of the supply curve for downloadable music.

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