Consider the market for online video streaming services (Netflix, Apple TV, Amazon Prime, HULU, to name a few) . Which statement would cause the equilibrium price of online streaming services to rise with certainty?
A) an increase in both demand and supply
B) a decrease in both demand and supply
C) an increase in demand combined with a decrease in supply
D) a decrease in demand combined with an increase in supply
Correct Answer:
Verified
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