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The Entry of Sony's Walkman MP3 Player into the Portable

Question 138

Multiple Choice
The entry of Sony's Walkman MP3 player into the portable video and music playback market is expected to cause

The entry of Sony's Walkman MP3 player into the portable video and music playback market is expected to cause


A) Demand to increase, causing price and quantity to increase.
B) Demand to decrease, causing price and quantity to decrease.
C) Supply to increase, causing price and quantity to increase.
D) Supply to increase, causing price to decrease and quantity to increase.
E) No change in the market.

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