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Figure: The Supply of DVD Rentals
-(Figure: The Supply of DVD Rentals) Look at the figure The Supply of DVD Rentals. A decrease in the price of DVDs sold by movie producers to rental stores would result in a change illustrated by the move from:
A)n to o in panel A.
B)p to q in panel B.
C)s to t in panel C.
D)u to v in panel D.

Question

Use the following to answer questions:
Figure: The Supply of DVD Rentals 
-(Figure: The Supply of DVD Rentals) Look at the figure The Supply of DVD Rentals. A decrease in the price of DVDs sold by movie producers to rental stores would result in a change illustrated by the move from:
A)n to o in panel A. 
B)p to q in panel B. 
C)s to t in panel C. 
D)u to v in panel D.

Quizplus · Accepted Answer

A decrease in the price of DVDs sold by movie producers to rental stores would result in an increase in the quantity supplied of DVD rentals, which is illustrated by the move from n to o in panel A.

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