Assume that the demand curve for dvd players shifts to the, Ask an Expert

Economics

Assume that the demand curve for DVD players shifts to the left and the supply curve for DVD players shifts to the? right, but the supply curve shifts more than the demand curve. As a result

A. both the equilibrium price and quantity of DVD players will decrease.

B. the equilibrium price of DVD players will? decrease; the equilibrium quantity may increase or decrease.

C. the equilibrium price of DVD players may increase or? decrease; the equilibrium quantity will increase.

D. the equilibrium price of DVD players will? decrease; the equilibrium quantity will increase.

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91924661

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