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Cable Television Companies Must Pay Increased Charges by the Networks

Question 117

Multiple Choice

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) the demand curve for cable television service shifts leftward.
C) there is a movement down the demand curve for cable television to a higher quantity demanded.
D) there is a movement up the demand curve for cable television to a smaller quantity demanded.

Correct Answer:

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